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Strategies & Market Trends : Value Investing

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robert b furman
To: robert b furman who wrote (72202)1/29/2023 4:25:35 PM
From: bruwin1 Recommendation  Read Replies (2) of 78958
 
" .... and a a tax code that could choke an elephant ..... Far be it that government gives up its power, for efficiency's sake"

Yes ..... well ..... I would suggest that there should rather be a 15% TAX RATE ACROSS THE BOARD for everyone.
In that way the Tax Code that you refer to, which RUNS TO OVER 2000 PAGES could be done away with, AND, on top of it, US Taxpayers wouldn't have to pay the salary bill that will now result from the EXTRA 80,000 IRS AGENTS that will soon enter service.

In addition, there are those who keep pushing the Narrative that the "Rich" don't pay their "FAIR SHARE" of Tax ....... Well, according to IRS Data, which is really easy to find, the Top 1% to 5% in the INCOME GROUP actually pay 60% of ALL INCOME TAXES, with the Top 1% (the REALLY RICH) pay 40% of ALL INCOME TAXES PAID ............

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