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45% of Americans pay no federal income tax
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Quote:This story pops up every April 15th, along with its equally invalid counterpart suggesting that the upper crust of the upper crust pay no taxes because they hide all their income offshore. Both are horse crap, to put it politely. The truth is somewhere in the middle. Yes, the idea that the upper crust pays no income tax is total horse crap. I'm not saying I feel sorry for them, but they do pay very heavy taxes. I'm totally on board with the consumption tax idea. |
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