More of the wealthy actually pay higher tax rates in addition to a large portion of taxes collected.
Obama has engaged in class warfare no ?
Yes and no IMO. There are some people collecting only interest income and paying very low tax rates for that income. Others like Warren make pass through income where tax rates are lower. So some people and corporations need to be brought into the light, but it isĀ improper to make the statement that the rich get away with less tax rates than mom and pop.
Instead of making it all political why not reform the tax code. Fire the IRS and create a flat tax based on consumption. Luxury taxes can stay in force if you must attack a class.
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Flat tax, no deductions save for charitable concerns.
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Something we can agree on Jakegint