Friday, April 15, 2011

Taxation without representation

We are entitled to equitable taxation. The working class is TAXED WITOUT REPRESENTATION.

Millioniares-to-Trillionaires have lobbyist, attorneys, accountants that shelter them and fight so they pay little to no tax. M-and-Ts pay more in amount but not in percentage. That is UNFAIR TAXATION because a $5000 tax bill to a worker is a huge dent in budget, to a mill-trill is less then the price of a trinket or dinner. In addition, homeowners must get to declare loss on mortgage equity just as corporations take losses on investments.

We need equitable tax brakes. We need to declare a loss on mortgage equity loss and not pay taxes on our loss just as corporations deduct their losses. 

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