Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
~$5,000+ potential annual savings on vetted partner products
10+ deal analysis calculators with ready-to-share reports
Lawyer-reviewed leases for every state ($99/package value)
Pro badge for priority visibility in the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 15 years ago on . Most recent reply

User Stats

5,700
Posts
3,504
Votes
Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
3,504
Votes |
5,700
Posts

Are we broke?Will taxing the rich fix things?

Rich Weese#2 Off Topic Contributor
  • Real Estate Investor
  • the villages, FL
Posted

http://iowahawk.typepad.com/iowahawk/2011/03/eat-the-rich.html

I hope I did this correctly- no techie here! The first part of this link is chatter, but then the yearly calendar is looked at in depth. If you're willing to take 9 minutes, this is a pretty interesting way of looking at taxes and fixing the debt. Rich

p.s. If there is a techie that can just link this so it automatically comes up, please do so.

Most Popular Reply

Account Closed
  • Landlord
  • Seattle, WA
1,839
Votes |
3,412
Posts
Account Closed
  • Landlord
  • Seattle, WA
Replied

There are going to be tough decisions ahead. There is absolutely no way for the government to continue to spend at the levels they are. Each year we continue to dig a deeper hole which becomes more difficult to get out of.

More taxes, I'm afraid is only a delay tactic. It is a way of ignoring the real problems.

Many of the very wealthy have little tax because they can manage their taxable income. They have wealth and can use it (not taxable until after death).

I think we need to do more to help people to work or become entrepenuers. Social programs have become more of a crutch that discourages them from making it on their own.

Loading replies...