Why can't the stupid liberals understand that even if they tax billionaires at 100 per cent they will still pay no taxes?
Income taxes only apply to income. When a company is lossing money they won't pay ANY taxes. Even if you raise taxes to 200 per cent.
- WilliamLv 73 months ago
They can't help it. They are fiscally ignorant.
- PearlLv 73 months ago
maybe cause they need someone to explain it to them
- MLv 63 months ago
That's why the Tax is placed on Investment transactions. Like a fee on trading.
- JamesLv 73 months ago
The trick is to not give them the chance, we need a withholding type system between the source of the money and the “billionaire”.