Quote Originally Posted by Feanor View Post
... well technically that's called "regressive" taxation.

In other counties than the good ol' US of A, people cheat on their taxes, bribe officials and politicians, etc. There are no countries I know of where so much evasion is written into the code from the get-go.

A big issue State-side is the capital gains rate of only 15% -- it's a gift to the Romney's of the land. As I understand, in some countries, such as Canada I believe, if you make your living making capital gains, then they're not capital gains but regular income and taxed as such.
Yep, that is because the people who write the Tax Codes are those with money and trying not to pay taxes on it.

Below is a link to an NPR article and interview on Romney including some of the things he did to amass a 20 million dollar IRA by investing in the things that his company was putting under to make stockholders more money.

As said earlier, he was the one who started the whole Tax Return issue and now does not want to follow thru on it.

'Real Romney' Authors Dissect His Latest Campaign : NPR