Yes, and even the "high taxes" the rich allegedly have to pay is a myth, a fiction, a bed-time story to scare those who enjoy being scared. The rich pay less in tax than the poor, any day.Originally Posted by A-Train
Besides which, keep in mind that the marginal tax rate used to be over 90 percent, with even FEWER loopholes than today. The uber rich have low taxes today, for sure.
The whole reason the tax code is complex rather than simple is because of special interest rules the rich bribed politicians to pass. Not only do the rich have low effective tax rates, much of their income is never called income to begin with. Why people cry for them is beyond me, but those shedding tears for the uber rich need to at least be honorable, not gullible, about the facts.
Rain Man
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