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The Water Cooler
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<blockquote data-quote="ez bake" data-source="post: 1989315" data-attributes="member: 229"><p>The issue of rich/poor taxes is a complete distraction (just like everything else with our two-sided dance to keep everyone confused).</p><p></p><p>The rich aren't the problem - it's multi-billion dollar public held corporations, many of whom now use a lot of the same channels as drug-smugglers and terrorists to keep money out of US taxable territory. Not small private-owned businesses, I'm talking the big public-entities - they're the one's skirting taxes (and getting bail-outs). </p><p></p><p>That's where the federal income has been suffering for years (since Clinton and before), and when we allowed all of these tax-breaks (some are just creative loopholes found by corporations with huge teams of legal/accounting folks), we didn't cut spending - we increased it.</p><p></p><p>We could cut stuff from the budget all day and hike taxes on the rich and poor, but until we get back a good solid revenue from something more solid than just the citizens, we'll never solve this crisis.</p><p></p><p>If any of those nubs at the occupy Wall Street movements could articulate that fact alone, the world would actually have looked at them as something other than idiots.</p></blockquote><p></p>
[QUOTE="ez bake, post: 1989315, member: 229"] The issue of rich/poor taxes is a complete distraction (just like everything else with our two-sided dance to keep everyone confused). The rich aren't the problem - it's multi-billion dollar public held corporations, many of whom now use a lot of the same channels as drug-smugglers and terrorists to keep money out of US taxable territory. Not small private-owned businesses, I'm talking the big public-entities - they're the one's skirting taxes (and getting bail-outs). That's where the federal income has been suffering for years (since Clinton and before), and when we allowed all of these tax-breaks (some are just creative loopholes found by corporations with huge teams of legal/accounting folks), we didn't cut spending - we increased it. We could cut stuff from the budget all day and hike taxes on the rich and poor, but until we get back a good solid revenue from something more solid than just the citizens, we'll never solve this crisis. If any of those nubs at the occupy Wall Street movements could articulate that fact alone, the world would actually have looked at them as something other than idiots. [/QUOTE]
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