InvestorsHub Logo
Followers 2
Posts 1185
Boards Moderated 0
Alias Born 07/15/2014

Re: Toofuzzy post# 41405

Tuesday, 11/29/2016 1:37:48 PM

Tuesday, November 29, 2016 1:37:48 PM

Post# of 47082
Hi Toofuzzy, The real cure for Affluenza is a better wealth distribution and more rational taxation system.

Back in the days of the Civil War, the Union Tax form in 1865 had only two questions on one side of a postcard! I saw it with my own eyes at a small town museum about 40 years ago and it has stuck in my mind.

Now we have 4 million words in 77,000 pages according to what what I saw a few years ago, but a recent article by a Hoover Institution on War, Revolution and Peace member said there were over 700,000 pages. (Personally I think that includes all the private rulings, not just the tax code.)

Given that size, it seems clear that manipulation by those who can afford the lawyers and accountants is likely to be rampant. Given that Trump has apparently not paid income taxes since 1978, according to a program I heard on NPR, it is clear we have a problem. Even Warren Buffet talks about this.

Oh, well.

Best,

Allen

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.