Reply #8: Oh, they don't pay TAXES which will reduce the debt... [View All]

[FormerDittoHead]

The WORKING class pays taxes...

Sure the rich pay taxes, except it's for reduced incomes vehicles like capital gains, rent, interest, dividends, you know, incomes upon which Social Security isn't taxed on, just WAGES. That means they pay 15.3% lower rates than YOU poor slobs EARNING your money...

But many of them work, you know, for FOUNDATIONS, through which many corporations are controlled through their tax-exempt holdings. What? Your family doesn't have a trust fund? They get their jobs because they're BORN into the family. And the Founding Fathers thought there'd be no aristocracy? Not officially, I guess.

You must also consider the difference between wealth and CONTROL.

You'll find all kinds of info re: public ownership of companies, but that is a DECEPTION. Ownership means NOTHING without CONTROL, and all the joe-sixpacks combined who own shares in Sears have NO CONTROL compared to the board of trustees who collectively own a minority share, but control EVERYTHING.

What? National Sales Tax? They're happy restoring their "used" estates, antiques, imported $500,000 "used" sports cars with 10 miles on them. They won't mind going to Europe for their clothes either.

Besides, sales taxes will only make being rich more exclusive!