80,000 pages of tax regulations, and I seriously believe that deductions serve the lower economic classes because I qualify for two or three of them. Gnaw the bones you are thrown, I guess.
A fair tax rate without deductions wouldn’t be fair to the lobbyists writing the language for inclusion that becomes our laws. Better to levy at 90% and allow deductions to make it an effective 12% plus tax lawyer fees, where the lower classes pay at 10% to 28% and have deductions to make their effective rates 9.5% to 25%.
It isn’t actual fairness we seek. We only seek the ability to assert that we are being fair in a way that the common folk can be made to believe. They will fight for a higher cost of living as long as they think they are punishing the rich.
80,000 pages of tax regulations, and I seriously believe that deductions serve the lower economic classes because I qualify for two or three of them. Gnaw the bones you are thrown, I guess.
A fair tax rate without deductions wouldn’t be fair to the lobbyists writing the language for inclusion that becomes our laws. Better to levy at 90% and allow deductions to make it an effective 12% plus tax lawyer fees, where the lower classes pay at 10% to 28% and have deductions to make their effective rates 9.5% to 25%.
It isn’t actual fairness we seek. We only seek the ability to assert that we are being fair in a way that the common folk can be made to believe. They will fight for a higher cost of living as long as they think they are punishing the rich.