[joeydb]

Originally Posted by Riot

Do you realize that about 400 people own half the wealth in this country?

Do you realize that our top ten corporations pay no corporate income tax?

Do you realize that while you are paying 28% of your income in federal taxes, those earning thousands more than you are paying a far lesser percentage?

And some want them to pay even less. You are the one that has to make up that deficit. As seen, for example, in Wisconsin: Walker gives immediate tax credits for corporations, immediate approx 8% decrease in income for librarians, prison guards, teachers, etc.

Want to solve financial problems and the deficits in this country? Stop the tax loopholes and credits and gifts to those persons and corporations that make six figures and more. Don't make them pay more - just stop the special gifts that enable them to pay less than everyone else. If that were done, everyone could then pay less. And we would all enjoy fully-funded social security, medicare, etc.

Make one tax rate -- flat tax. That is proportional, and the mathematically closest to "fair" that you will come up with.