ProPublica published a treasure trove
How to make a good thing even better?
confirmed what many tax experts already know:
Remember that the rich people in past congress
passed bills to make them richer!
So; it is only logical that today’s and future
‘rich, middle-class or poor’ correct this quagmire of rich only benefits?
“The Elephant in the Room”!
Also we must remember that our ‘forefathers’ had
you in mind while writing these so called loopholes into your constitution!
Remember that you can make anything machine
proof!
However; you can make nothing people proof!
ProPublica published a treasure trove
of information on the financial
lives of some of our wealthiest citizens.
The info confirmed what many tax experts already know:
There is one tax system for the
rich and another for everyone else.
By using perfectly legal and
straightforward strategies like holding assets, borrowing money and passing the
assets to family members at their death, wealthy people can essentially choose
whether and how much income tax they want to pay!!!!!!!!!!!!
It is the responsibility of
you the voter to correct this (Loop-Hole), by firing the ‘Crooked culprits’ and
replace them with known honest employees!
In 2007, Jeff Bezos, then a multibillionaire and
now the world’s richest man, did not pay a penny in federal income taxes. He
achieved the feat again in 2011. In 2018, Tesla founder Elon Musk, the
second-richest person in the world, also paid no federal income taxes.
Michael Bloomberg managed to do the same in
recent years.
Billionaire investor Carl Icahn did it twice.
George Soros paid no federal income tax three
years in a row.
ProPublica has obtained a vast trove of Internal
Revenue Service data on the tax returns of thousands of the nation’s wealthiest
people, covering more than 15 years.
The data provides an unprecedented look inside
the financial lives of America’s titans, including Warren Buffett, Bill Gates,
Rupert Murdoch and Mark Zuckerberg. It shows not just their income and taxes,
but also their investments, stock trades, gambling winnings and even the
results of audits.
