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This is a big reason we have two Americas. It's well past time to ditch this, and just move to a consumption based tax everywhere. The current system is just a
by InTheArena 5y ago
This is a big reason we have two Americas. It's well past time to ditch this, and just move to a consumption based tax everywhere. The current system is just a tool for the parties to target money at their own constinuencies, and is almost impossible to manage or stay compliant with. The poor don't pay it a all while the hyper rich can afford the tricks and lawyers to not pay it.
The only ones who pay income tax are the middle class and the lower upper class (IE, not the 1%).