Wednesday, December 30, 2015

Two Tier Tax System in America

Image result for photo of the hamptons
The Hamptons

According to an article in NY Times today,  the richest Americans pay very little tax based on some loopholes where they send their money to be laundered in Bermuda and it comes back koshered.
See attached article in NY Times.
http://www.nytimes.com/2015/12/30/business/economy/for-the-wealthiest-private-tax-system-saves-them-billions.html?_r=0

The richest give millions of dollars to politicians who write tax laws in their favor. Such is the democracy of America. A two tier system for the haves and the have nots.    

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