Tax Loopholes

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Martin Hash
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Joined: Wed Jan 20, 2010 2:02 pm

Tax Loopholes

Post by Martin Hash » Tue Nov 24, 2015 2:16 pm

All these dorks who posit lower tax rates or "flat" taxes by getting rid of "loopholes," never mean the only one that counts: special treatment of Capital Gains. No, they only want the "loopholes" that the Middle Class take, like mortgage interest, education credits, retirement accounts, "green" subsidies, and the other goodies that redistribute from the wealthy to the Middle Class.

We have decided, as a society, that we want people to own houses. We want them to send their kids to college, and even go themselves. We want them to save money to retire, reduce their carbon footprint, and even take care of their parents who have moved in due to age. We vote, there's a lot of us, and we want it. The fact is a few rich folks use all kinds of lame, easily disproved excuses on why they shouldn't have to pay taxes on their capital gains, or the oil that they pump from our soil, or their private jets, luxury cars, and the innumerable benefits they receive but don't have to pay taxes for.
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