Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: rickmichaels

Those with mega bucks can always find a loophole or shelter.

The middle class winds up with the bill...always.


6 posted on 03/15/2021 9:52:23 AM PDT by OpusatFR
[ Post Reply | Private Reply | To 1 | View Replies ]


To: OpusatFR

It’s hard for low-income families to pull down more money unless it’s “gifted” to them from the government. On the other hand, it’s relatively simple for high earners to shelter their money or otherwise give it away to charity. This just means less discretionary spending on their part. Any port in a storm.


47 posted on 03/15/2021 10:36:59 AM PDT by rarestia (Repeal the 17th Amendment and ratify Article the First to give the power back to the people!)
[ Post Reply | Private Reply | To 6 | View Replies ]

To: OpusatFR

“Those with mega bucks can always find a loophole or shelter.

The middle class winds up with the bill...always.”

Really? That’s why the top 1% pays more than the bottom 90%.

https://taxfoundation.org/summary-of-the-latest-federal-income-tax-data-2020-update/#:~:text=The%20top%201%20percent%20of%20taxpayers%20paid%20roughly%20%24616%20billion,percent%20of%20all%20income%20taxes.


54 posted on 03/15/2021 12:08:33 PM PDT by aquila48 (Do not let them make you care! Guilting you is how they control you. )
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


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