Politics

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Rich Americans are stiffing the taxman to the tune of $66 billion (www.motherjones.com)

submitted 1 year ago by runiq@feddit.de to c/politics

14 comments fedilink hide all child comments

"Americans are rightfully concerned when very wealthy families use loopholes and accounting strategies to avoid paying their fair share," Wyden said. These people "didn’t even bother."

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[–] jjjalljs@ttrpg.network 16 points 1 year ago (1 children)

I kind of feel like willfully cheating on your taxes should be punished the way you'd be punished for stealing from every single resident of the country.

Ok, it's 30 days community service for stealing a few hundred bucks... times 300 million people who were robbed. Get fucked, rich people.

I said willfully because our tax system is complicated and I don't want someone to get hanged because they legitimately didn't understand it.

[–] explodicle@local106.com 6 points 1 year ago

We shouldn't even be filing taxes. You should just receive a bill the govt calculates every year (with the data they already have), and then when you don't pay it they seize your assets.

The rich are rich because they have all the land and all the stuff built on top of that land. It's literally impossible to hide those. All of the stocks and derivatives and abstractions ultimately depend on real-world assets.