What doesnt the conservative side get about this law/regulation and a basic economics process that income taxes should be levied on a progressive basis. Theres been a revision to the original law which had millionaires paying theoretically about 50% which I believe is now about 37%. The problem is that the republicans have developed loopholes to the extent that billionaires and the largest corporations in the world PAY NOTHING !!! And almost nobody pays the highest rates....guess who ????
Posted on: Tue, 06 Jan 2015 20:22:39 +0000