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re: Princeton study: U.S. is an oligarchy
Posted on 4/16/14 at 10:09 am to NikolaiJakov
Posted on 4/16/14 at 10:09 am to NikolaiJakov
quote:
If this study were true, we wouldn't have 47% of our population paying NO FEDERAL INCOME TAX
a lot of those who pay 0 ARE the rich. They get the loopholes and deductions passed, claim losses, and BAM. pay nothing. Very common in coporate America.
However the bulk of your number are the poor which i think should still have to pay something.
Posted on 4/16/14 at 10:13 am to BobBoucher
quote:Nope. It's indisputable. "The rich" pay he cast majority of taxes.
a lot of those who pay 0 ARE the rich. They get the loopholes and deductions passed, claim losses, and BAM. pay nothing.
quote:Corporate taxes are VERY different than individual taxes. They are in no way comparable. To start, corporations are taxed on net, individuals on gross income.
Very common in coporate America.
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