America's tax problem- What is the freaking problem? Also Socialism in America takes a hit!j

[the2real4mafol]

outlawauron said:

the2real4mafol said:

outlawauron said:

the2real4mafol said:

But anyway, you lot may not like it, but you have to raise taxes for everyone, especially the rich. I say a maximum of 50% on earnings over a million dollars (up from apparently 40%). The Obama administration must also fix any tax loopholes and punish any tax avoiders/ frauders. America can't afford any more tax cuts, she is falling apart at the seams.

They won't. Every lawmaker uses them because the idea that someone is privy to 40% of your income is outrageous. And they already punish tax avoiders and fraud. The IRS and FBI have busted hundreds of thousands of people and they will find you. Took down Madoff and put him in jail. No one is able to avoid the system completely.

And yet we still occassionally hear of billionaries and companies who pay maybe 1 or 2% tax (like apple paid just 2% corporate tax abroad despite it's monster earnings) . Legit right?

It is legit. It's using credits and loopholes to avoid it. Apple will never pay much in taxes because they're given so much in tax credits simply for existing in whatever state they're in. I know my state nearly pays for all the taxes for movie studios that make movies in Louisiana.

It may be legal, but it shouldn't be. Especially for a company like Apple that is richer than some European countries! Government sets the taxes, and people and companies should pay the amount set for their wealth bracket. And yet America wonders why it's in so much debt, it's let too much slide by.