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Old 04-14-11, 07:19 PM   #4
Armistead
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Join Date: Dec 2008
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Tax rates mean nothing when you're rich, tax shelters and loopholes do.
Corporations don't care about tax rates as long as they have all their shelters and can buy regulation. Our code is so complex for one reason, it keeps average Americans out of the know. The tax code is much like our criminal code, we give people 3 life sentences, then they get out in 5 years. It's laughable when the GOP talks about lowering taxes, then only mentions closing a few possible loopholes.

They say the rich pay most of the taxes. First, we're going into mass debt, so it's not being paid for, second, the average american pays boat loads.
Everything is taxed, gas, sales, power, you name it, it probably has taxes built in. Corporations pay very little for what they get.

We need a complete reworking of the tax code, better known as the rich man's handbook. Get rid of loopholes, shelters, then adjust the tax..
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