Thread: How Taxes Work
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Old 08-02-2009, 12:17 PM
Taxplanr Taxplanr is offline
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Great Post! It seems meaghanchan missed the point. Giving the tax breaks to the wealthy actually saw them receive the least benefit from the tax breaks of the nineties and Bush.

Did the rich receive more benefit from the system when their taxes were lower? The answer is NO. The rich received the same benefit. Did the poor take a cut in benefits when the rich paid less in taxes? NO and actually charitable giving from the rich was higher.

The tax system is a means for government to decide what is best for us and then implementing it in a very inefficient manner for the profit of politicians and large corporations. Taxing the rich makes money for the politically connected rich instead of all the rich and us not so rich. Government takes away more of our freedoms and resources and distributes it in the most inefficient means possible.

The only way government can increase its own efficiency is to reduce spending.
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