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Thursday, January 26th, 2012, 10:58 am

Too Rich to Pay Tax

Raiders of the century

Warren Buffett
Image by Mark Hirschey

NOTHING serves as a better example of the brokenness of the system than the taxing situation and bailouts in today’s society. The richest people get labeled “job creators” and are therefore entitled to massive tax breaks and when they fail it is us, taxpayers, who are forced to give them yet more of our tax money. The source of this paradox is of course the influence of money in politics. The golden rule is that those who make the gold make the rules and until or unless we fight back, the corporate press will continue to portray billionaire as “job creators” and then brainwash people into the consensus that the richest people are so wonderful and “successful” that we should not bother taxing them. Many of them who run “foundations” do so not just for PR but also to evade tax. They have legalised their own tax evasion by buying our supposedly “elected” politicians.

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