reply to post by spangledbanner
First, I support no income tax, but rather consumption tax. This would hit corporations harder, and wealthy harder, and allow you to budget down your
own tax rate. Obviously, consumption tax is anathema to capitalism and the fiat debt system (which requires constant growth, and thus wants to
increase consumption, not decrease it).
Regardless, as it relates to your statement.....
....the wealthy tend to exert more control over society. The leverage that a billion dollars can give you politically....unreal. Hard to imagine.
While I do not support having variable tax rates, I find it hard to have sympathy for a social class that uses economic pressures for their own
personal gain, not to help right the ship. When you take your monetary power to a governmental agency to get money from them for your projects
instead of promoting the health of the nation, why should I care if you are now being charged higher and higher tax rates?
If a person make 10 million bucks off a project that they recieved government grants to fund......it would stand to reason that there might also be a
reasonable expectation that they will be good stewards of the peoples trust. Otherwise, the only difference between a wealthy businessman and a
welfare recipient is the amount of money they are getting from the government.