Quote:
Originally Posted by bolo121
Not really. The rich being smart, will pay lobbyists, who will pay Congress, who will put in plenty of loopholes. 
End result the hardly pay any tax at all in comparison to, say your average middle class family. I believe Warren Buffet said something about this disparity a while back. |
And you believe everything Buffett says? The guy is a committed liberal socialist hell bent on income redistribution. Easy for him to say now that he's the 2nd richest man in the US. What about the rest of us who havent' even made it to the top 2%?
The top 1% income earners pay something like 30% of all personal income tax. That means the bottom 99% pay 70% of all personal income tax.
Of course not to leave the poor out, nearly all the use tax and sin tax are targetted toward the poor, including Lottery.
Our government doesn't have a revenue problem. It has a spending problem. The surest way to solve a budget problem is to limit spending. We do it all the time in our daily lives. Why can't the government?