Comment Re:It's like watching a train wreck. (Score 1) 462
You might or might not think that's a problem but the U.S. tax code is as progressive or more progressive than most other developed nations.
The Income Tax in the U.S. is indeed progressive, but that is only one kind of tax. The very rich don't pay full social security taxes, for example (regressive). They also usually make most of their wealth by investing in securities which are taxed at a much lower rate. Most of the spending done in the tax code (mortgage interest deduction, for example) goes to the wealthy. Generally speaking, the middle-class bears most of the cost of government. If I had my choice, I would love to see a much simpler, consumption orientated, tax system here in the states.