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The Water Cooler
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Lets have a real Buffet tax
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<blockquote data-quote="ahamay6" data-source="post: 2049980" data-attributes="member: 13440"><p>I have never agreed with taxing the rich at higher rates. What I don't agree with and in my opinion the flaw in the system is that the richer you are, the better the CPA they can afford to find the loop holes that often leave them paying a much lower tax rate than people making very little. For example s-corps that allow them to be paid in virtually untaxable dividend payments. What I believe in is a flat tax. No deductions no write offs, no loopholes and most importantly, no IRS. If everyone paid the same percentage of every dollar made, all the .gov would need is a big computer and an it department to collect it. Now, I do understand that a flat tax is unconstitutional, but so is our current system. So if we're not gonna play by the rules of the system set in place for us in the beginning, I say we break the rules right.</p></blockquote><p></p>
[QUOTE="ahamay6, post: 2049980, member: 13440"] I have never agreed with taxing the rich at higher rates. What I don't agree with and in my opinion the flaw in the system is that the richer you are, the better the CPA they can afford to find the loop holes that often leave them paying a much lower tax rate than people making very little. For example s-corps that allow them to be paid in virtually untaxable dividend payments. What I believe in is a flat tax. No deductions no write offs, no loopholes and most importantly, no IRS. If everyone paid the same percentage of every dollar made, all the .gov would need is a big computer and an it department to collect it. Now, I do understand that a flat tax is unconstitutional, but so is our current system. So if we're not gonna play by the rules of the system set in place for us in the beginning, I say we break the rules right. [/QUOTE]
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Lets have a real Buffet tax
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