[Danjoe4]

95% of people are astoundingly ignorant of how our tax system actually works. Once you get into a moderately advanced investment/tax strategy and start looking into forming an S Corp, tax advantaged accounts, etc. you realize how the rich really avoid taxes.

"Tax the rich" only gets politicians to move around the income brackets and punish high-earning, honest professionals like doctors, lawyers, and engineers. Numbskulls who have never even filed a 1040 can't comprehend that the mega rich do not derive the majority of their wealth from income.

We should simplify our tax system to eliminate sophisticated tax strategies and level the playing field. Income tax should be reduced overall.

[Detrytus]

Income tax should be abolished completely, since it is immoral. Government should derive their tax income from taxing corporations. And the best way to avoid any "tax optimization" schemes is to tax revenue, not profit. You run a business? 1-5% of your revenue goes to IRS, and you can do whatever you want with the rest. This would also have a nice side effect of reducing cost of accounting services since without tax avoidance schemes 90% of accounting work goes away.