Open big mouth, insert both feet.

they also continue to reap the most rewards for their 'high' tax rates (which expert accountants I dont believe usually have them paying once deductions and writeoff are tallied)

This is interesting. I remember going over this in sociology and business classes. Truth is the income they bring home has NOTHING to do with taxes. We want these businesses to have right-off incentives because this is where they do things like donate to charities and such... Anyhow the dramatic increase you see there stems from the wages they have allotted themselves. On average the highest payed corporate executives only made about 30 times what their lowest paid employees made. Now it up to something like 600 times. They have just been hording more money. (Hence why i don't believe any sort of tax hike will ever help, they would just horde more money. Thereby indirectly taxing us common folk.)

The wealthy aren't going to leave the USA because this is where they make their money.

Back in the 1950s (under Ike, a republican) the top tax rate was over 90% and no one left then. In fact, this was a big part of how we got the booming economy of that era. Ike also expanded social security to cover more Americans, cut the military budget, started building our interstate system as well as damns and other public works. In other words, Ike was a liberal.

A great president, a great general, a great man and a great Texan!

This reminds me of someone who tried to work more hours to make more money. But the higher income placed her in a higher tax bracket which DISCOURAGED her from making more money. The higher tax was income prohibitive and the taxes robbed her of her extra money. She decided to work fewer hours because the more money she made, the less of it she saw, thanks to the tax system which discourages affluence and power to the people. Unless someone is super wealthy, the tax system is set up to discourage success stories and keep the masses impoverished or dependent on the state, keeping us a slave to the grind. The matrix doesn't want people to succeed and have more power. Quite the opposite. But you will hear lies about being all that you can be. How many people end up success stories? Now, this article shows that the powers that be are even going after the ones who managed to rise to the top, to deter them from rising higher, and robbing them through taxes. The rich may temporarily outsmart the system. Eventually, they will have nowhere to run because all countries will develop the same tax policies to rob more people of their hard earned money, adding to the enslavement of the masses. Taxes are not needed for anything. It's a lie. It's just another way to control the masses. Building the infrastructure? Another lie. The super rich have enough of the money they robbed from us generationally to pay for all that. They tax us to control us. They make us get jobs to keep the idiots, that's you and I, busy. I could go into how the U.S. is really a corporation, not a country, and that all its citizens are considered property. But all in good time.

Any children we may have are also considered property. They can be taken away or forced to do anything the state dictates.

True
Millionaires in US hide money over in other countries, so they can not be taxed like the man, who ran for President and wouldn't show but his last 3 tax returns.

This was obviously written by someone that doesn't know the first thing about taxes in the good ol USA. For example, the increase on couples making over $450,000 that just happened has no effect on the first $449,999 a person makes and taxes only the next dollar and above. In other words, no matter how much you make your taxes don't go up on that first $449,999 and only on money made above that amount.



And where does this nonsense come from?

well, part of the 'power' that comes with true wealth is access to better attorneys (fewer going to jail, doesnt mean fewer committing crimes,,lol)


and better accountants,,,,

tax rates generally have a broad range from bracket to bracket,,,the prohibitive nature probably is true only in circumstances where the income is right on the cusp of one bracket to the next

for instance , in 2012


15% Bracket

$17,400 – $70,700 married

$8,700 – $35,350 single



25% Bracket

$70,700 – $142,700 married

$35,350 – $85,650 single


so, if someone single made 35000 , before deductions and credits, their tax owed would be 5250, making the gross 29750

if that same person made 36000, that tax would become 9000, making the gross 27000,,,

definitely a deterrent to making more,,BUT if they made 40000, their tax owed would be 10000, making their gross 30000

which is still a bit more than what they originally made, with room for continued growing income, even with the tax rate

Ya know, i was friends with a tax attorney who explained the tax code just as you did... (Only paying higher taxes on the money you earned within the respective tax bracket) I have also seen family members and friends make several hundred dollars less for the year after receiving raises.
Perhaps we are talking about just federal income tax? I wonder if the same could be said for social security, medicare, and state income tax... I honestly don't know. Perhaps further investigation should be pursued...

Payroll taxes (social security etc.) and state income taxes are a different issue. I live in a state without an income tax, so I cannot address it other than to say I think we should have one.

It is a whole lot easier to live in another country and do your business from somewhere that wont tax your personal income nearly as bad than there was in the 50's. I mean come on, seriously? The technological changes in the environment have made all the difference.

Migrating and working remotely has never been easier, and it shows.