9 Things The Rich Don't Want You To Know About Taxes | Economy | AltWeeklies.com

9 Things The Rich Don't Want You To Know About Taxes | Economy | AltWeeklies.com
How long does it take to conclude that a policy has failed to fulfill its promises? And as you think of that, keep in mind George Washington. When he fell ill, his doctors followed the common wisdom of the era. They cut him and bled him to remove bad blood. As Washington's condition grew worse, they bled him more. And like the mantra of tax cuts for the rich, they kept applying the same treatment until they killed him.

•1: Poor Americans do pay taxes.
•2: The wealthiest Americans don't carry the burden.
•3: In fact, the wealthy are paying less taxes.
•4: Many of the very richest pay no current income taxes at all.
•5: And (surprise!) since Reagan, only the wealthy have gained significant income.
•6: When it comes to corporations, the story is much the same -- less taxes.
•7: Some corporate tax breaks destroy jobs.
•8: Republicans like taxes too.
•9: Other countries do it better.