The Whole System Stinks, By Elizabeth Warren

[nil desperandum]

52. Indeed

You are bang on with this, working in a small business my entire life I discuss tax plans with my "free trade/fair tax" colleagues....I like when they tell me if everyone just paid 10% it would be "fair". I ask how so? Then I ask if they really believe that, when they say they do I pose a simple question.

When you are a 30% partner in a business when it's time to make a major capital investment with your partner do you both pony up 50%? Well of course they answer no because they only get 30% out.

That's when I explain taxes should work the same way, if you own 80% of the available wealth you are responsible for 80% of the burden to receive that wealth. I like to point out that these very same republicans always make comments about running government like a business but apparently not when it comes to taxes, that's when they like an approach that favors those with means instead of those without....selfish pr1cks....