I will once again advocate watching Capitalism a Love Story.
A very good movie describing how the American worker has been brought down to his knees by GREED.
I have found it really difficult reading this thread.
We've the poor complaining of what they haven't and the rich complaining that they pay more than their fair share for the benefit of the poor.
It is unfortunately a little of both.
But the difference is, in our system of capitalism, it isn't what you earn and pay in taxes, it is what you KEEP.
As exemplified by the poster who stated the facts that at earning half a million , he had most of his tax payments returned.
Because he is an employer and not an employee.
And that is where the slope of fairness becomes more slanted towards the benefits of the HAVES vs those of the Have Nots.
We all know that the majority of our lawmakers, Senators and as well as many of those in the House of Representatives are themselves Millionaires.
They create our laws, laws to maintain and perpetuate their own, as well as their peers wealth.
This is YOUR clue.
For it is really a simple matter of those that know how to play the game to get ahead and those not knowing how to play the game that end up being
left behind financially.
This only results in those not understanding the game keeping less of what they earn and paying more than their share in income taxes.
I have a question pertaining to all ATS members here that owns a computer.
So unless you are using a public library computer or a friends, this very well might be applicable to you.
How many of you have utilized your (2009) or past year Section 179 Deduction ?
Allowing you to write off the entire purchased price/value of your Computer, Monitor and Printer ?
Do you realize that using your computer for filling out your taxes is considered a fair and IRS approved business use ?
Did you realize that researching tax laws/codes on line is also considered a fair business use of your computer ?
Hypothetically, you could work on your taxes and/or research tax laws daily.
The amount you paid for the entire system can be deducted from your Gross Income for the claimed tax year.
Or amortized, over 5 years.
I am merely posting this out as an example of how our system works towards the benefit of some, who capitalize upon the system of laws for the
As well as hopefully for the informational benefit of many of those who currently do not.
Live long and Prosper !