@[email protected] to politics @lemmy.world • 7 months ago'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Timewww.commondreams.orgmessage-square136fedilinkarrow-up11.01K
arrow-up11.01Kexternal-link'Absurd!': US Billionaires Pay Lower Tax Rate Than Working Class for First Timewww.commondreams.org@[email protected] to politics @lemmy.world • 7 months agomessage-square136fedilink
minus-square@[email protected]linkfedilink2•7 months agoCapital gains is much lower and doesn’t pay into SS, Medicare, etc.
minus-square@[email protected]linkfedilink1•7 months agoTaxes are not supposed to be painful. They are supposed to be fair and fund the government. Painful taxes just causes avoidance.
minus-square@[email protected]linkfedilink1•7 months agoTax avoidance isn’t a crime. Do you use deductions on your 1040? That’s tax avoidance.
minus-square@[email protected]linkfedilinkEnglish1•7 months agoThat’s the difference between tax avoidance and tax evasion. Avoidance is legal, evasion is not.
Capital gains is much lower and doesn’t pay into SS, Medicare, etc.
Removed by mod
Taxes are not supposed to be painful. They are supposed to be fair and fund the government. Painful taxes just causes avoidance.
Removed by mod
Tax avoidance isn’t a crime.
Do you use deductions on your 1040? That’s tax avoidance.
That’s the difference between tax avoidance and tax evasion. Avoidance is legal, evasion is not.