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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (851046)	4/19/2015 6:55:13 PM
From: bentway	2 Recommendations Recommended By gronieel2 tejek Read Replies (1) \| Respond to of 1578619

<<The tax code was designed to raise revenue fairly. Not to penalize people for their success.>> Well, Dave, it USED to do that. But since Reagan, thanks to Republicans, it's taxed the wealthy. very wealthy and most of all, the obscenely wealthy less, while taxing the rest of us more, on a percentage of income basis. It's an indisputable FACT of the way taxation is working since Reagan..

To: i-node who wrote (851046)	4/19/2015 8:45:10 PM
From: combjelly	Read Replies (2) \| Respond to of 1578619

It is only recently that idiots have begun to see the tax code as the great equalizer. I suppose it depends on your idea of "recently". Since the founding of the Republic, it has always an aspect of taxing the wealthy at a higher rate. The idea of it helping equalize wealth gaps has been around since the beginning also. Most of the Founders were profoundly distrustful of wealth concentrations. Some, like Jefferson and Madison, saw wealth concentrations as one of the biggest threats to the Republic. So I am not sure what you are basing your opinions on.