The Great Tax Con Job
A very small niche of America's uber-wealthy have pulled off what may well be the biggest con job in the history of our republic, and they did it in a startlingly brief 30 or so years. True, they spent over three billion dollars to make it happen, but the reward to them was in the hundreds of billions - and will continue to be. Full Story »
Posted by Patricia Blochowiak
If this is taken seriously by the administration, they may try to put a patch on an already complicated tax system. This always provides more oportunities for people who can afford tax lawyers. Better to simplify the system and say, for instance, zero tax up to the top of the poverty wage, 20% up to the average wage, 50% up to twice the average wage and 75% for anything above that. No if's and's or but's. All income from watever source taxed.Simplicity not complication is the key to a good, fair tax system. Priceless picture.