01-23-2017, 06:34 PM
(01-23-2017, 03:55 PM)David Horn Wrote:(01-22-2017, 10:28 PM)Warren Dew Wrote: Are you a billionaire?
If not, your pretensions to being "rich" are bogus.
If so, you need to get some tax advice from other billionaires, because they certainly aren't paying the top tax bracket, or in fact any bracket at all.
The very rich hide all or most of their income outside the US or in corporate structures that are designed to reduce taxes. This is nothing new, and had been the case for decades.
And people need to be reminded of it every time the issue of "tax the rich" comes up, because if we actually wanted to tax the rich, we'd prevent this.