Many of you may have missed this:
http://seattletimes.nwsource.com/html/n … cation=rss
Seems like John Kerry Mr. Democrat Hero decided to purchase a Yacht. He chose an foreign manufacturer... Americans don't make anything. Then decided the best place for him to keep his new toy would be in New Hampsire. Why? So he could avoid the sales tax.
You don't get to be as rich as Kerry by paying taxes... you do it by Marrying Money then paying attorneys to help you avoid paying taxes.
So while Obama keeps harping on the "Rich" with his BS Propoganda about how they don't pay their fairshare we see an example of his own people doing exactly the same thing every wealthy person does... avoid the tax man.
It doesn't matter if Kerry were Democrat or Republican they all do it.
What this does prove is that as you become extremely wealthy you can buy your way out of taxes by paying off Politicians to construct laws that benefit you.
The ONLY way to ever get the "Rich" to pay more tax is to ABOLISH income taxes and create a consumption tax. You pay tax when you spend your money. This eliminates the IRS, eliminates all the paperwork and all the loopholes. Of course this wouldn't sit well with the super wealthy elite so they would just create their own consumption tax loopholes.
So we are left with one alternative. Demand that Politicians quit all the spending, quit funding the world with our money, and start taking care of Americans.
AMEN!! I am 100% for abolishing INCOME TAXES! A fair tax is the only FAIR way to pay taxes. I think every American should pay their fair share of taxes; However, this is not happening in the USA presently.
OH, don't get me started, non citizens receiving Gov checks, Gov health care, citizens doing the same, when they could be working/earning...Payment to NOT PREFORM, what ever it is that you were once doing... Let's reward the producers/workers and ENCOURAGE the others to get to work..even if it is a job BELOW their eligibility/skills/education...DUH.. do what so ever your hands find to do..do a good job and you will given more/better things to do=PROSPERITY for you and others.
by ptosis 6 years ago
federal income tax rates history, During the eight years of the Eisenhower presidency, from 1953 to 1961, the top marginal rate was 91 percent. (It was 92 percent the year he came into office.)What does it mean, though? For the duration of Eisenhower’s presidency, that rate affected individuals...
by Holle Abee 11 years ago
McCain released two years of tax returns. Reagan released one. Romney has released two. It wasn't a big deal with McCain and Reagan. Why is it now?http://factcheck.org/2012/07/romney-and … precedent/
by ptosis 6 years ago
Tell Congress: Tax reform should help working families, not millionaires!https://petitions.signforgood.com/prote … orgood.com Want a new house? If you're in a big city or a blue state, you'd be screwed. It limits the mortgage tax deduction of $500,000 for new home purchases....
by ga anderson 8 years ago
Much is heard of a demand that corporations and the wealthy pay their "fair share" of taxes, but I have heard little of what that share should be.With only a single restriction; that the discussion is about legal tax actions, what should that "fair share" be?One could say that...
by Billy Hicks 4 years ago
There has been a lot of discussion about class warfare, and the wealthy not paying "their fair share",so my question for you, my esteemed fellow Hubbers is this:Assuming that they are complying with all current laws and regulations, and paying what they are required to pay, by law: do the...
by ahorseback 5 years ago
Then returns to America and his eight million dollar [2nd ]mansion and begins adding on a indoor pool and another wing to the house? While spending his newly acquired wealth of twenty million dollars since 2016 ?Can anybody spell Hypocrite ?
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