"The American way is if we tax them, they move more operations to other countries and we lose more jobs that pay the current taxes. "

yeah but then we should treat them like foreign entities doing bus in the US and not as US corps....or traitors. Whichever.

I pay a ton all year long and then again at year end. If you do things the way you are supposed to...live within your means and don't splurge then you don't qualify for breaks.

Here's how the rich pay less than you or I. Say I own 1 million shares of a stock that pays a dollar dividend every year. That's $1 million a year taxed at 15% less all of the loop holes for yachts, vacation homes, etc and I'm getting a fat refund. Replace the above with stock options cashed in after a year....long term gain = 15%. Why do you think CEO's are being so kind in forgoing their bonuses during these "tough times"? Look at the annual report. They are getting more stock options. Better for tax purposes and, the stock price being down at the moment, even more lucrative in the long run.