Tax Take Soars Under Obama, Even as H...

Tax Take Soars Under Obama, Even as He Argues Otherwise

There are 1 comment on the New York Sun story from Sep 24, 2012, titled Tax Take Soars Under Obama, Even as He Argues Otherwise. In it, New York Sun reports that:

On CBS News's '60 Minutes' Sunday night, President Obama said , 'Taxes are lower on families than they've been probably in the last 50 years.

Join the discussion below, or Read more at New York Sun.


Pottstown, PA

#1 Sep 24, 2012
I've heard stories of very aggressive enforcement and/or collection of tax bills under $500. And if you read your tax form instruction book they even put a page of legal tactics and lawsuits used by those trying to lower their tax bill. Not just to disuade you from taking them to court but to show you they will win ie the courts/judges probably won't ursurp the power of the government that pays them.

Look at all the celebrities taken to court AND sentenced over the last several years. The ends justifies the means with the IRS and politicians.

The big problem though-SPENDING, customized tax loopholes in a 16,000 page tax code and crap economy for the IRS's current lack of income.

Simplify the tax code and/or go to a small flat fee tax that everyone must pay. Just a penny, not one percent on alot of stuff could generate alot of revenue.

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