Talk of The Villages Florida - View Single Post - At what point does debt become unsustainable?
View Single Post
 
Old 07-05-2024, 09:04 AM
retiredguy123 retiredguy123 is offline
Sage
Join Date: Feb 2016
Posts: 17,512
Thanks: 3,066
Thanked 16,694 Times in 6,600 Posts
Default

Quote:
Originally Posted by DPWM21 View Post
Fairly tax *ultra* rich? Have I been misled that top 1% or so of business and individuals get deep exemptions? I looked at tax tables from 1900 forward and it appears that this group has steady decline in taxes paid? Idk?
Raising taxes on the rich will not solve the problem. But, increasing the number of people who pay taxes could solve the problem. A tax system where half of the people pay no income tax is absurd. Everyone should have skin in the game.