I guess somebody didn't understand the point when I said that income taxes do not mean anything since the top 1% do not have an income of millions or billions of dollars a year where they have to pay half of it to the government. Their earnings from wealth are written off and invested back into their assets where it is TAX FREE.
You know, if you choose to stay blind and ignorant like the last poster, then that's fine. As long as you're happy.
If you think the U.S. only consists of doctors, lawyers, and the rest of the working class, then you're a fool. There are plenty of people that just own assets, invest, and continue to make more and more money with their assets with a very low tax penalty. They just live in total luxury at home, golf with their buddies, and travel around the world. Larry Ellison, who is worth 25 billion dollars, just received a 3 million tax cut to sell his Japanese styled mansion. 3 million dollars to him is like 300 dollars to us.
$3 million tax cut on Larry Ellison's estate