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Dorothy152 Wrote: Aug 04, 2012 3:36 PM
I agree. Obama is not suggesting cutting out Buffet's shelters, just taxing his enemies! Perhaps he does not understand the word 'fair' by wanting to increase taxes on those already paying most of it in Federal, State, Property and Sales taxes. I still wonder why we have decided it's OK then to take half of what a person saves for his grandchildren just because they die!
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rhanson Wrote: Aug 04, 2012 5:52 PM
Those who Benifit the most should pay the most. For example if we had no navy and no overseas troop deployments it would have no effect on me yet much of the tax I pay goes to support these protections for international corporations! And jet set folks.
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My friends at Americans for Tax Reform have received a bunch of attention for a new report entitled “Win Olympic Gold, Pay the IRS.”
In this clever document, they reveal that athletes could face a tax bill – to those wonderful folks at the IRS – of nearly $9,000 thanks to America’s unfriendly worldwide tax system.
The topic is even getting attention overseas. Here’s an excerpt from a BBC report.
US medal-winning athletes at the Olympics have to pay tax on...
America’s Olympic Athletes Should Be Taxed on Their Winnings (but Not by the IRS)