Same as when the income tax started. It was supposed to be a tax on the top 1% ONLY.
Now look at what we have, a tax code that is so effing huge and riff with laws that NOBODY can escape.
It's way past time for a revolution!
Now look at what we have, a tax code that is so effing huge and riff with laws that NOBODY can escape.
I remind you of the 47% that pay no Federal income tax, which is where Hawaii should have started.
No one should escape taxation until the debt is payed. Then we can get creative until the next bust. All deductions stopped until the real recovery and a minimum 20 percent for everyone, no exceptions. Everyone needs to contribute and feel the pain especially those who don’t pay and by virtue of earned income tax credit etc could actually receive instead of give.
This plan can only be implemented if the debt ceiling is not raised and spending is reduced to cover half the debt in ten years. That would be 7 big ones. Fat chance.