Quote:
Originally Posted by jimjamuser
I believe that i agree with you. To me, the most equitable form of taxation is where the TAX increases progressively the more a person makes. The way that SS tax stops after 110K of income is the OPPOSITE of a tax where the more you make the more you are taxed. It seems that in Washington D.C. that the tax laws (most all laws) are made by the WEALTHY to benefit the WEALTHY. Strict term limits would help prevent the country from being CONTROLLED by the RICH. But, that needed to be put into effect by around 1970. We have slowly drifted away from a Democracy since then.
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The US was never a Democracy, it is a Constitutional Republic. That being said, the issue is that what was once an economy based on capitalism is now corporatist. So if you have any complaints, they should be directed at the lobbyists for big corporations and their employers.