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ranbotrader
Member since May 2012
188 commentaries - 1 follower

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has posted a comment on the article :

If you are genuine, and I suggest you are anything other than this, then put forward what is needed: an end to the top raping the economy FOR ITSELF. That pretty well is half of the battle.

If you want to make the system fair then:

1. close ALL tax loopholes. These are only there for the wealthy to squirrel away their money.
2. make all tax shelters ILLEGAL. This will force multinationals and the wealthy to pay the mandated rate of tax, not export income. This is fraud by any other word!

If governments want to put inducements into the tax system then they need to think out how this is going to be abused. The rich will always find ways and means. If there are stringent rules and penalties for those who abuse the system then the system will have credibility. Currently it is a joke.

The current calls to lower company taxes to 15% will be the final nail in the good ship (American) Titanic. This will cause it to sink. But never mind.....I am betting that the wealthy bring it on because their greed is more important than the nation itself.

Oh by the way Ron.....WHO funded your election campaigns when you were in politics? The taxpayer you claim? I know but kindly tell the readers.

Commented 2634 days ago

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Beginning of the headline :Many Americans who have wrestled with a 1040 form, or who have paid someone to prepare their taxes, no doubt cheered the news that Congress will soon resume working on tax reform. However taxpayers should temper their enthusiasm because, even in the unlikely event tax collection is simplified, tax reform will not reduce the American people's tax burden. Congressional leadership's one nonnegotiable requirement of any tax reform is "revenue neutrality." So any tax reform plan that has an... Read More

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