Saturday, December 06, 2008

Tax shelters

Tax shelters don't apply to the average man/woman. They are chiefly designed to protect the income of the very wealthy. This means that the people who are making enough money to be able to afford to pay taxes, don't. Leaving the burden of the tax load on the middle class families, thusly affording an ever increasing income disparity. This is not likely to change in our foreseeable future because it would require changes to our tax structure, which can only be done by political consensus. This is not likely to happen, as most, probably all, politicians require the finances provided by tax deductable donations which come from the wealthy citizens and corporations that will , in turn, expect considerations in return. It is not the lower or middle class who are providing the bulk of the considerable costs of running a political campaign. So what does the politician owe to the people who provided next to nothing towards his/her race to victory? You guessed it. And who will have his/her tax shelters protected? Wow, you guessed it again. I need say no more. 10:30 AM 06/12/2008

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