First -- remove all the tax loopholes that allow individuals to shelter their money
Second -- eliminate the ability for wealthy people to hide their money in offshore bank accounts in the Caymans
Right now we have a PROGRESSIVE TAX STRUCTURE that increases with one's taxable income, and many people favor a FLAT TAX that incorporates no deductions.
TAXES in America are not FAIR and EQUIABLE because we allow deductions and exemptions and oftentimes, the wealthy actually pay less taxes that do the not so wealthy.
WHY"
Because the wealthy can influence the politicians with their contributions to their re-election campaign. Politicians care more about their re-election than they do about doing WHAT'S RIGHT for the American People.
No comments:
Post a Comment