Comments by "justgivemethetruth" (@justgivemethetruth) on "Dylan Ratigan: America's Tax Policy Must Change!" video.

  1. Taxes are investments in the public good. That is one reason the public in the US is so messed up, and why the rich love it that way. If you want to know what the American Tax system should look like - T.R. Reid, the guy who studied healthcare to give up the Frontline documentaries "Sick Around The World" and "Sick Around America" just wrote a new book about taxes and how all the other developed countries configure their tax systems. The book is "A Fine Mess -- A Global Quest for a Fairer, Simpler, and More Efficient Tax Code" by T. R. Reid.
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  2. Goes off into the weeds when he talks about taxes as a punishment. When any the different tax systems we have had in America were first implemented they were only meant for the richest Americans, because they were the ones that did the best in our country. Over time that rich class has become corrupt, lazy and entitled, and so they feel entitled to have all of the working class pay their taxes while they do nothing but take over more of the government and figure out better ways to make the working class feel the pain of their supposed inferiority. The American tax system used to be progressive, and is now very regressive, and this was the very problem that had North American colonists demanding independence in the first place. Our rich and powerful class are much, much, a thousand times worse than the Royalty of England was when we were an English colony ... and according to our founding documents this gives us the right to petition for redress, or to overthrow the political order if we get none. This is a big deal, and Trump is about to make the tax system even better for super-rich and corporations. What needs to happen: - investment and working income need to be taxed at the same rate. - all deductions need to go away, even charity and housing. - we need a single-payer health-care system so that people do not go broke because of medical bills. - Income needs to be taxed progressively, and there needs to be brackets at higher levels. The highest tax bracket currently is about $300,000 where income after that is taxed just slightly more. We need new brackets at $1million, $3 million, $10 million, and $100 million, and the highest brackets, when people make $100 million or over need to be taxed at 90% or even more, so in effect we have a maximum wage so that Americans do not need to fear the political power of the very rich as we do now.
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