Wrapping up the DNC convention Hillary said, again, that once she’s elected, the rich will pay their FAIR share of taxes.
The top 1% of earners in the U.S. pay approximately 40% of all taxes.
What she meant to say is that she wants the rich to pay their UNFAIR share. But she was completely, conniving and clear when she said, “We’re gonna follow the money!”
Nobody can deny a flat tax would solve the problem by being ultimately fair. And the rich would love the discount.
But it won’t fix her wardrobe. Where the hell does she shop? “Chairman Mao For Less”?
I’ve heard it said that Socialism works great, until the rich run out of money. I know many people who have worked hard and sacrificed all their life only to see a huge portion of their hard work vanish in the form of taxes. Loopholes were born to stop the bleeding. A flat tax is the only fair solution.