Mrcauser’s Weblog

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Once again…..

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The rich don’t pay income taxes. They collect income taxes. Businesses collect taxes. You and I pay all taxes because everything we buy or use includes all taxes. The rich pass all taxes, after sweet heart deals from bribing the government, to the consumer. And their employees. This makes sure that their competitors are held down. That’s what business taxes, regulations and handouts are designed.

Period.

Tax reform for the rich and ultra-rich : The New Yorker

The fight on Capitol Hill over whether to extend the Bush tax cuts is about many things: deficit reduction, economic stimulus, supply-side ideology. But at its core is a simple question: who counts as rich? The Obama Administration’s answer is that you’re rich if you make more than two hundred thousand dollars a year as an individual or two hundred and fifty thousand dollars a year as a household, and therefore you should have your taxes raised.

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Written by mrcauser

August 19, 2010 at 3:01 pm

Posted in Uncategorized

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