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Originally Posted by PETA We're talking income tax here feez. Anyone who earns income from working has payroll taxes taken out... even the self-employed. So, yes, it does directly address and refute your claim.
The concept that rich people avoid taxes is true in small part but is mostly a myth people tell themselves in order to believe that the rich don't carry the burden of the not rich... its not a valid notion. |
ROFL, if thats what you want to believe. My multi millionaire boss who owns homes and property in several states has been able to hire accountants that make it look like he loses money every year. With all the loopholes he uses, he actually received a Stimulus check since on paper he is in poverty....he took the check to the bank in his brand new $120,000 BMW convertable. He hasnt had to pay any taxes on income in over 8 years and its all completely legal using loopholes that are part of the IRS system.
Even Warren Buffet the richest man in the US went on record saying that he should pay more taxes. He even pointed out that his secretary has a higher tax rate to pay than him.