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Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome.

RE: Agreed, but billionaires should not be required to pay taxes...

Politcians are very 'beholdin' to voters up until the MINUTE they are sworn to office, than they do as they please......Or rather as they are TOLD by the big $$ doners, party chiefs and paid staff.....

Billionaires? Top 1% of returns pay about 26% while the bottom HALF are overall at about 3.1%
Average return? Around 13%.
Top !% own a very large percentage of WEALTH of the country. Wealth is not taxed. Income is taxed.... Someone who owns a multi-million $ art collection? Not taxed until sold....than who knows? But wealthy people DO pay property tax. Here in California, if you own a million $ house? Maybe a thousand a month in property tax....1.25%......
Prop 13 ONLY in California protects against rapid increases in property value causing 'eviction by taxation'....

Too much is never enough


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  • RE: Agreed, but billionaires should not be required to pay taxes... - pictureguy 20:36:36 05/25/23 (0)

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