Yeah taxes are the reason for Americans are declaring Ch 7 bankruptcy

Reader comment on: The Elizabeth Warren Money Plan

Submitted by Just Bob (United States), Oct 5, 2018 17:30

Yeah the reason people are going bankrupt is because taxes are too high and not the real reason (e.g., medical expenses and loss of employment due to illness)

PS The GOP is more than happy to leave in place the single most regressive income tax on the planet in place - SSI employee wage tax.
Not once In a single proposed reform has the GOP advocating lifting the income tax at $112k or implementing means testing for the program. Only the small people pay that tax anyways.

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