Thread: How Taxes Work
View Single Post
  #12 (permalink)  
Old 07-31-2009, 11:51 AM
backtaxpro's Avatar
backtaxpro backtaxpro is offline
$ Saving Third Grader
 
Join Date: Jul 2009
Location: Connecticut
Posts: 18
Points: 110.00
Donate
Default

Love the post. I have actually read this before elsewhere. It is true that people say tax cuts are unfair for the upper middle class and rich but that is because they pay the majority of the taxes. Eventually, the middle class and poor in socialized countries pay nothing so they don't care about taxes anymore. But what they fail to recognize, is that taxes are usually implemented by politicians playing class warfare and that they have taxes in general today because eventually taxes will trickle down to the people who actually supported higher taxes and more taxes on the rich.
Reply With Quote