Currently, not only are Americans taxed on what they earn, but those assets are taxed again when they are passed on to a loved one.
Sentiment: NEGATIVE
The American people are not just being taxed to death; they're being taxed after death. But, no one should have to sell the life's work of a parent or a loved one just to pay the federal government.
Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.
Americans spend much of their adult lives paying taxes in various forms. We should end this practice of paying a tax that is triggered only by debt.
Taxes are what we pay for civilized society, for modernity, and for prosperity. The wealthy pay more because they have benefitted more.
We're going to have a tax cut. Today's American family is overtaxed at all levels.
But only 'rich' people by definition have the 'extra' money to buy things and invest to create economic growth. Do we really want to tax that 'extra' money away - and give it to the government to spend? Does that make any economic sense outside of politics and our emotional desire to make everyone suffer equally through these tough times?
Americans don't think we should be raising taxes on anybody, especially in the middle of a recession.
Unquestionably, there is progress. The average American now pays out twice as much in taxes as he formerly got in wages.
Tax should be the same for everybody.
Rich people don't pay taxes? Of course they pay taxes - they pay tons in taxes. They pay for everyone else who doesn't pay taxes.
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