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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (216355)	2/7/2013 9:41:37 PM
From: cosmicforce	Respond to of 542112

Yeah, it is a strategic goal - nothing that can be done in term, or the next three. It's worth pointing out when people talking about other unlikely things like flat taxes. Some very large part of our economy is tied up with tax preparation. Most first world countries have adopted some form of wealth tax ... we have it for property but it has been perverted to help large land owners. Ted Turner is often cited as the largest individual land owner which may be true but he is way south of the Catholic Church which pays nothing for property used for religious purposes ... most of TT's land is classified as ranch land so he pays almost nothing in taxes on it. I don't blame people for doing it but on per dollar value basis I probably pay 20 times what TT does on a per dollar basis... Now that under 1% of the population "farms" the whole basis for the ag exclusion is upside down. Made sense when 30% of the population worked a farm (c. 1900 ) - but now, it is welfare for large land owners and agribusiness.