On Sep 28, 10:41*am, Jack wrote:


A family member is a CPA, and always laughs when they hear someone
talking about how the rich don't pay any taxes.

yeah, it breaks my heart to see the rich have to pay a whole 15% on
their income. truly tragic.

*The so-called tax
shelters are long gone, US citizens have to pay taxes on income *world-
wide*, they are taxed at the highest rate, and the deduction are
phased out at the higher income levels. *A higher percentage of their
income is taken for taxes, as it should be. *But to say that they pay
no taxes, or are getting some sweetheart deal when it comes to taxes,
is just wrong.-

unfortunately the rich have gamed the system so they pay less in taxex
than normal folks, get to write off their losses, and get a BAILOUT
when they **** up.

anything else you want to tell us about how truly tragic it is to be
rich?