Taxing thoughts

Just an excellent article on how the rich benefit from our tax code. Read it, especially the debunking of lie on how "the poor don't pay taxes."

There's 2 other notes I want to bring up ahead of tax time:

1. Capital gains are a disprpoportionate amount of the rich's income, because they have the extra cash lying around to gamble with. So when those are cut below incomes, it's a giveaway to the rich. And nothing more.

2. Property and state income taxes can be written off on your federal 1040. So if you're in a state like Wisconsin that has disproportionately high property and income taxes vs. others, the rich get a bigger tax break as a result. Nice, huh?