Depreciation is bullshiat. It does no good anyway. You buy 100k worth of equipment and then you get to depreciate it over 20years. Great! I save 5 grand that I dont have to pay tax on. That saves me roughly 2K a year. When you expenses run into teh hundreds of thousands.....2k doesnt help the bottom line. I think a flat tax that was say 25% rather than 40% of income would likely help out a lot more. And yes those making less should have to pay their share as well. If they make 20K they pay 25%. 5K it is. No deductions no loopholes. If the other guy makes 400K they pay 25%. 100k it is. No deductions no loopholes. You make more you pay more...fine. But the one making 400k shoulld not pay 45%. Not 180k and the other guy pays nothing. That is B.S.
And much more than 10% of that pie goes to social programs. The lining of the corp pockets is a huge problem and should stop as well. But that problem is no bigger than the social leaches that eat off the system. I know they are easy to get to the poling place because they dont work but even the Dems should want to reform the system and quit playing to it to win elections. Just like the wackos on hte far right should stop playing to the fear crowd.
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Never leave a few fish for a lot of fish son.....you just might not find a lot of fish-----Theo