36%..1%..1.75 BILLION.....busted budget,now U know why.

www.salon.com/2021/03/22/top-1-fails-to-...actics-irs-analysis/ \

FIRST reported in WSJ......numbers that contribute to the financial calamity we find ourselves in.

ATTEMPTS to claw back 1.2 TRILLION.....

The top 10% pay 75% of income tax receipts but that isn't enough for the Left. 40% death taxes and now it looks like President Biden wants to increase taxes on anyone who makes over 200K. When running, he said 400K. Never trust campaign promises.

homeagain wrote: www.salon.com/2021/03/22/top-1-fails-to-...actics-irs-analysis/ \

FIRST reported in WSJ......numbers that contribute to the financial calamity we find ourselves in.

ATTEMPTS to claw back 1.2 TRILLION.....

ADD THIS to the additional attempts to close the loopholes....I have shown U (collectively) WHY we
R royally screwed....the stimulus pkg would be bursting with billions of payback $$$$ IF the items I have
posted were RECTIFIED......what does it take to portray the fubar??? THE $$$ is concentrated in a
small sector of "elites"/corp greed. It could be a far different scenario, IF a fair tax was instituted AND
ENFORCED .

Once more , HA, you have fallen back on that canard of a "fair tax". Many times I have asked you to define what you consider a fair tax, you have never answered. Again, would you like to tell us your definition of a "fair tax"?

" IF a fair tax was instituted AND
ENFORCED ."

ramage wrote: Once more , HA, you have fallen back on that canard of a "fair tax". Many times I have asked you to define what you consider a fair tax, you have never answered. Again, would you like to tell us your definition of a "fair tax"?

" IF a fair tax was instituted AND
ENFORCED ."

Yes, please please explain what is fair and who gets to decide that.

A fair tax to me? No tax may be larger than 10%. 39% for income tax? That is a crime. No one should have to spend more than 30% of their week working for the government. Or year. It is part time slavery.

THE NUMBER is not the issue, the LACK of 100% PARTICIPATION IS THE PROBLEM...NO taxes
payed as opposed to legal requirement from the IRS.....the avg. Joe Blow dutifully pays.

I’ve always favored a national sales tax in lieu of individual income tax. It would be fair as long as Corporate taxes remained low enough to encourage participation and loopholes were eliminated.

Please correct me if I misinterpreted your statement:
THE NUMBER is not the issue, the LACK of 100% PARTICIPATION IS THE PROBLEM...NO taxes
payed as opposed to legal requirement from the IRS.

According. to you the 45% that pay no income tax should pay something. Now what is the fair amount or percentage of income that they should pay?

I have stated as long as EVERYONE PAYS....a consensus would be needed for a national tax...I am
ALL IN ON THAT....but everyone pays...then the fubar we R forever fighting would be resolved.THE POINT
is obvious....inequality.