Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: srmanuel

Taxing the wealthy sounds simple but is actually stunningly difficult.

The wealthy can hire world class tax attorneys to scrutinize the tax code and find a wide variety of loopholes for their clients.

The notion that Congress would close those loopholes to any significant degree is laughable on its face.


51 posted on 09/06/2023 9:01:58 AM PDT by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
[ Post Reply | Private Reply | To 45 | View Replies ]


To: cgbg

It’s not difficult if you have the political will to enact real tax reform and eliminate many of the loopholes

We are so far in debt and we can’t ask average Americans to pay the entire bill, everyone needs to pay more and the really wealthy need to pay more, this isn’t 1980 when Reagan was POTUS we are In much worse shape now


52 posted on 09/06/2023 9:06:02 AM PDT by srmanuel ( that )
[ Post Reply | Private Reply | To 51 | View Replies ]

To: cgbg

The notion that Congress would close those loopholes to any significant degree is laughable on its face.


Bingo. They use those loopholes themselves.


66 posted on 09/06/2023 4:08:38 PM PDT by cableguymn
[ Post Reply | Private Reply | To 51 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson