US income taxes and how the wealthy have the upper hand and why you can never soak the rich.

Here are a few images of who pays the bulk of taxes in the United States.

Pareto's distribution of these images.

20% get 80% of the income.
4% (20% of 20%) get 64% (80% of 80%) of the income.
0.8% (20% of 4%) get 51% (80% of 64%) of the income.

So, the 1% paid about 38% of taxes, so as we can see they beat the odds because the rich are supposed to pay half according to some people,mainly people on the left, they get elected with slogans of eat the rich but in reality they pay less because of lawyers and loopholes.

Im talking income taxes not withholding taxes which poor people and middle class pay, after 120,000 I think it is the wealthy dont pay. So even that is rigged against most people.

In other words the Pareto distribution favours the wealthy, no surprise there. Just to make sure people dont miss my point of view I believe taxes should be low or non existentt for everybody.

What Im saying election after election nothing much changes no matter who is in the White House or Congress Democrat or Republican the middle classes pay the bulk of taxes, and the wealthy use offshore havens to lessen there burden.

We should all take a leaf outa there book and use offshore havens Bitcoin ect to lessen our tax burden because no matter the politics we always get stuck with the bill assumimg your in the Middle class or upper Middle class.

Remeber its the Middle Class who elect the president and Congress on the promise of soaking the rich and year after year not to much changes except the middle class gets regulated and taxed nowhere near the persentages as the wealthy like the politions claim there gonna do if you just continue to elect us!

So what is the solution? Well I cant speak for everyone but if you can try to get some of your wealth in the new economy which is offshore or online which can be set up offshore and lower your regulatory and tax burden.

If you can afford the time and money set up a second residency, for americans who live outside the us they can earn income or business income and excempt 100,000 anthing more can be left in the corporate company.

You can also use your new ID from your new country residency to more easily set up bank accounts corporations trading accounts ect, but thats not aways nessary.

In time you will qualify for a second passport and can renounce but in most cases thats not nessary to lower your tax burden but for the super wealthy an option, plus a second passport can help you travel more visa free if your an American

This is just a brief outline on whats posible, more latter