Thursday, June 19, 2014

Taxes Are Only For The Little People

The wealthy Clintons use accountants and attorneys to set up complicated schemes so they won't have to pay the taxes the little people pay.

Wealthy Clintons Use Trusts to Limit Estate Tax They Back
Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it.
To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth.

The political elite escape the taxes they impose on the working class.  Is it time to permanently repeal the income tax and replace it with a sales and consumption tax?

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