Between income taxes and employment taxes, capital gains taxes, estate taxes, corporate taxes, property taxes, Social Security taxes, we're being taxed to death.
Sentiment: NEGATIVE
Taxes are what we pay for civilized society, for modernity, and for prosperity. The wealthy pay more because they have benefitted more.
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.
In theory, taxes should be like shopping. What I buy is government services. What I pay are my taxes.
The only difference between death and taxes is that death doesn't get worse every time Congress meets.
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.
I think we're pretty much where we need to be on corporate taxes.
Taxes should be simple and fair... I'm not for increasing income taxes - if we even have an income tax.
I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation.
The bottom line is that the death tax is a tax on the economy because it slows economic growth.
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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