General Discussion
In reply to the discussion: What 3 major things would you change, if you could, about America ? [View all]EOTE
(13,409 posts)I don't think that local investments should be discouraged at all. I think that top tax rates should be raised so that MORE money can go to the federal and local governments.
You had originally asked for proof that there are millionaires NOW who are paying nothing in terms of income taxes, you seemed incredulous at the claim. I then provided that information and you said that the link only confirmed what you believed. I'm sorry, I don't buy that, you implied that that really doesn't happen in this day and age. Because there were those both then and now who game the system to get off of paying their fair share, I believe that both the top rates should be increased and extended to higher income levels AND we need to remove loopholes to prevent the wealthy from paying their fair share. Nothing I have suggested will cut down on funding for infrastructure in the least. It would provide far more money toward infrastructure. I never once suggested that deductions should be removed for infrastructure investments.