Comment by webnrrd2k
5 hours ago
If the problem is that the system is very skewed to the top, then isn't the solution to be found in addressing that skew? In closing those particular loopholes?
Shouldn't everyone pay their fair share of taxes? Warren Buffett and others seem to think that they should.
You don’t get it. Tax system is already very skewed to the top, as in majority of the income comes from a few.
The problem is that the top paying those taxes are not the rich people.
Exactly. Income taxes hit those with high income like baseball players and doctors and such.
Super-wealthy can take the time to figure out ways to have no income.
And if you do inheritance taxes and similar things, you get more “universities” and other non-profit “finagling”.
IKEA is an example.