01-12-2003, 01:11 PM
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#3
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Guest
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Quote:
Originally posted by Paladin2000:
Actually in reality, it is the middle class that suffers the most. The poor would not be eligible to pay tax while the rich would hire good accountants to get away with the tax (as much as possible), leaving the middle class people to pay the tax up to their nose.
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Actually Paladin, your logic is faulty.
The so called "RICH" in this country pay the vast majority of all taxes paid. THe rich guy finding a good accountant is still only able to pay what he is legally allowed to pay, in other words...he isn't getting soaked by OVER paying his taxes and is instead paying what the law says he should. Now if the accountant in question breaks the law and takes liberties when preparing this guys taxes, he should hang with all other criminals,
The story posted is EXACTLY how the system works today and is correct in its depiction. Timber Loftis points out the Corporations are takng their profits off shore to evade taxes...and I assert they are just playing the part of the manin the story who got beat up. If you are unfair enough to the one footing the bill, he is gonna take his toys (and cash) and go home. For example...double taxation on dividends...was never fair and highly shadey at best. Time to make the tax system "FAIR" and quit punishing people who work hard and succeed.
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