I agree with Bob. Why should the rich be taxed more heavily? I don't
mean in absolute dollar terms, in percentage terms. If the tax rate is
10% for those 'deserving poor', why should it be higher for the
'******* rich'?

As for closing loopholes, really Jon, have you no knowledge of history,
or is this yet another manifestation of your determination to see the
world as you wish it was, rather than as it is? Show me *one* place or
country where closing loopholes etc has achieved what you want. At most
you get get richer middle class accountants, an increased tax burden on
the few people who can't find a way around the new rules, more complex
enforcement procedures and at last resort a flight of capital and
emigration of the rich.

In short, it doesn't work. It never has worked. Absent a worldwide
agreement on tax regimes and treatments, it never will work. It is a
waste of time.

Show me one country where your policy has been successfully
implemented. AFAIK there isn't one. OTOH Ireland has gotten a lot more
wealthy by reducing its tax rates.

PDW

In article , Capt. JG
wrote:

The real world is that the rich are disportionally not taxed as much as the
rest. Their taxes need to be raised and the loopholes closed.