08-12-2016, 12:21 PM
(08-10-2016, 07:44 PM)Aquapod770 Wrote: If you're bad with your money and buy a lot of pointless things, sure you'll end up paying a lot in taxes. I would hope most middle class Americans aren't spending 100% of their income each year.
being "bad with money" has nothing to do with the amount of money the middle class have to spend on investments. The fact is that the wealthy elite have a MUCH greater amount of income devoted to homes, real estate, and investments than the middle and lower classes.
The wealthy elite have been taking a bigger and bigger portion of the wealth and income in the United States for the last three decades and this "fair tax" will just increase the benefits they already have.
It is the most "unfair" tax system that anyone could devise.
