re: #272 Barflytom

Indeed. I’d much prefer a national sales tax, or a VAT, to an income tax, so that the handout brigade can pay their fair share for a change.
Not going to happen of course, but in the event that it did, I’d accept a modest wealth tax as part of the bargain, so that phoneys like Warren Buffet - who pays “a lower rate than his secretary” because he never sells anything to realise capital gains - could cough up a bit more.
The situation now is that roughly half the population is subsidised by the other half. That’s the only reason a dud like Obama got elected.

Which is why a single family has more personal wealth than roughly 30% of the total US population, because they’re forced to subsidize them.