10 artful tax dodgers
Some of the rich and famous pack their bags when their homelands raise taxes to a level they think is unacceptable.
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To begin with no one actually pays 39.6% of their income as federal taxes. By the time the tax code is applied to individuals and corporations they pay anything from -30% to 30%. And therein lies the problem. Instead of having a fair flat 15% income tax for both individuals and corporations, we have created a tax system that is designed to give one special interest group or another some sort of advantage. All of this has been for benefit of the politicians and to the detriment of the economy.
GOOD OLE' PROGRESSIVE/SOCIALIST UTOPIAN TAX THE EVIL RICH PEOPLE IDEOLOGY....
With the SAME BIG PROBLEM they remain in DENIAL about...
Sooner, or Later..... you run out of "OTHER PEOPLE'S" MONEY!!!!
WHERE'S DEMCORATS WRANGLE AND JACKSON AND OTHER RICH POLICITICANS LIKE KERRY WHO MOVED HIS BOAT TO
AVOID TAXES AND WASSERMAN WHO HAS OFF SHORE ACCTS ETC....NOTHING BUT HYPOCRITES WHO WANT BIG LEFT
WING SOCIALIST GOVT TO CONTROL ALL OF US AND GIVE THEM MORE POWER!
Justice Oliver Wendell Holmes once wrote that taxes are the price of civilization. Those who constantly whine about taxes do not understand their obligation to pay the price of civlization.
I think we in the U.S. have a great society, and with that comes the obligation to pay taxes--local, state or federal. Compared to the 35% tax burden in most other developed countries of the world, we in the U.S. have it good at 22%
If Americans want to move abroad to avoid paying the price of American cvilization, then I say revoke their citizenship and bar their re-entry. Good bye, good riddance.
There are millions of foreigners yearning to come here and become Americans and bring their skills and hard work to enrich our great country.
Tax rates at 83%? 98%?
That's just insanity, outright theft, and disgusting.
I wouldn't feel the least bit sad if politicians who tried to instigate tax rates like that were assassinated. There is no need for useless leaches like that.
The revolutionary war was largely because of taxes less than 10%. It was treason at the time. But today I think we all accept that it was worth it. Future history books would cast the killers of these political thieves as heroes.
Rich people will always protect their assets...that is why they have them. If I felt the US govt could spend the money better than I could, then i would not mind giving it to them, but I am 37 and i have seen these politicians screw off our $$ and create the huge mess we are in now. All I know the more the govt does the more s$%t they get us into....they all involved in the Military and we got WARS and we involved in every countries ****, involved in education and we are not even graduating half of the inner city kids and their student aid crap has kids going to college f%^ked financially, involved in guaranteeing private mortgages which was the main catalyst for this housing fiasco, involved in health care and we know how that is going and we going even deeper in, involved in fixing social issues through the welfare state and we are just getting worse and worse each year, involved in business and capitalism and we losing jobs/economy and crimes and bad business practices still going on (Even bailing these people out)...ugh I can go on and on...see my point? I know Libertarians scare people but we need to get the Federal govt out of a bunch of sh$%^t in our lives to fix anything. Sorry, I gave up my faith in politicans long ago...
The smart money is not in this little blip since the election they are pulling out what little they had in. They realize we are looking at interest rates soaring and at best sideways economy for years due to the huge amount of cash the government is going to start sucking out of the free economy this fall. This run up is totally the little guys buy with their year end 401K contributions through their mutual funds. Mutual funds the gift that keeps taking and they will again when the market backs up to 10000 in 15 months.
Demo or Repub they have all failed us please lets change over these bloated politicians and their need for only caring about themselves.
The market is up like 1000 points since the election.The smart money knows the
best man got reelected.
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