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Old 02-21-2013, 12:54 AM   #34
listopencil listopencil is offline
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Quote:
Originally Posted by Direckshun View Post
I seriously can't tell what your position on the OP's loophole is. From the above post, I'm assuming you think it's smart policymaking, and under a Listo Presidency you'd prefer it to stay. Again, correct me if I'm wrong.

The problem I have with the reasoning in the above post is the final three words of it:

"penalizing the successful"

That's how you see closing a corporate loophole, which allows many of the most gigantic one to pay a lower tax rate than many middle class Americans. As punishment.

The ending of an unjust favor, provided exclusively to curry favor with the super-wealthy. "Punishment."

You are still missing a piece of the puzzle apparently. The loopholes are part of a broken system. It's a system built on higher tax rates for wealthier people. These rates skyrocket at the higher levels of wealth to the point of ridiculousness. To the point of being punitive. I don't blame the very wealthy for taking advantage of these loopholes. Just like I don't blame the helpless for seeking help. If you are really bothered by these loopholes, support a tax system that doesn't require them.
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