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Forum Post: Tax equity of greedy individuals

Posted 11 years ago on Oct. 31, 2011, 3:53 p.m. EST by dsebion (1)
This content is user submitted and not an official statement

Tax large equity individuals not earnings. The current tax system is highly regressive and the top 1% are simply deferring earnings. In the meantime, they are supporting their jetsite country club lifestyle while 25% of Americans are suffering tragically. By the way, why don't we start some national petitions. The first one I would support is breaking up CitiGroup, Chase JP Morgan, and Wells Fargo. They are too large!!



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[-] 1 points by Febs (824) from Plymouth Meeting, PA 11 years ago

If they are deferring earnings (which is impossible in the market because one doesn't make money until its realized ie the shares are sold) then how are they paying for their country clubs or jets?

[-] 1 points by GeorgeMichaelBluth (402) from Arlington, VA 11 years ago