Replies to post #87743 on Politics and Money

[n4807g]

Apparently not crafted particularly well because they pay the highest absolute rate (by far). Would you like me to show you the income after redistribution via federal spending programs?

I already showed an answer....eliminate the deductions (no more AGI) 50K exclusion and a flat tax. Something in the area of 15%-20% is required. What a bonanza for anyone who earns 50K or less.

But just think of all the accountants and tax attorneys who'd be out of a job.

[SOROS]

It's investment income, and it requires RISK. Just like lottery or gambling winnings, the federal gov't has no business or right to tax risk money. The fact that they already STEAL 15% on money that's been taxed already is criminal enough.

They actually have no right to tax income period, but then, if you support a massive federal spending machine full of sociopaths and psychopaths, that discussion would be way over your head.