posted on Sep, 27 2020 @ 08:28 PM
a reply to: underwerks
So what it sounds like you're saying, is that when you do your taxes every year, you claim no deductions at all? Am I understanding this right? You've
never taken your taxes to an accountant, and just taken the number the IRS gives you at face value? No itemized deductions? No charitable deductions?
No investment deductions? What about interest payments on property?
The President is gaming no one, he has accountants that go through the tax code and find that he can legally deduct. I imagine also at the start of
the year they advise him on ways to invest and make charitable contributions in order to lessen his tax burden, I know mine do.
So since he's doing all of this within the bounds of the law, what exactly is the problem? Do you want a flat tax that everyone pays? I personally do,
but I know that would hurt a lot of folks on fixed incomes as well, and may not be "fair" to those on the edge of poverty.