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The Water Cooler
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Debt ceiling speech
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<blockquote data-quote="Mgarza_a" data-source="post: 1581870" data-attributes="member: 10976"><p>I think sooner summed that up pretty well. However the elite and corporations are privy to tax loopholes, but what do you call it when a lower income family games the same system. Working for 3 - 6 months then having 3 kids entitles them to all they paid it plus more? Give me a break man both are loopholes. I have no doubt that the scales are tipped to the weathly but they are also in favor of the lower income. The idea is to expand the tax base and lower the overall rates not punish the "wealthy" (which I hardly believe $250,000 qualifies), when it's not only they who are abusing the systems.</p></blockquote><p></p>
[QUOTE="Mgarza_a, post: 1581870, member: 10976"] I think sooner summed that up pretty well. However the elite and corporations are privy to tax loopholes, but what do you call it when a lower income family games the same system. Working for 3 - 6 months then having 3 kids entitles them to all they paid it plus more? Give me a break man both are loopholes. I have no doubt that the scales are tipped to the weathly but they are also in favor of the lower income. The idea is to expand the tax base and lower the overall rates not punish the "wealthy" (which I hardly believe $250,000 qualifies), when it's not only they who are abusing the systems. [/QUOTE]
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