4 ms·
or you know use tax incentives govt have provided everyone?
by lifeplusplus 5y ago
or you know use tax incentives govt have provided everyone?
- gregjor 5y agoThe problem is the incentives the rich can use are not available to everyone. The rich are generally not working W-2 jobs — their income is passive, subject to different tax rules. If you are working a job and getting a W-2 you are almost be definition not rich. The US income tax system is designed to extract money from the working classes. The wealthy can shelter their wealth legally, or illegally and let their lawyers drag things out to a settlement. The rest of us are stuck with having kids, buying houses, and scraping around for deductions.