A) I am confident but not sure that was the longest single sentence written on MT.net at 81 words and 385 characters without spaces (465 with).
B) How are you quantifying or defining your definition of Clinton/Republican Congress era taxation as "a fairly flat slightly progressive tax system somewhat independent on income source that might favor entrepreneurs a little?"
Look at that graphic above. 6 of the 8 income groups paid between 25 and 30% of their gross income in total taxes, with a generally slightly progressive bias. It's a lot flatter than I expected it to be, honestly.
There is only a tiny, tiny, tiny fraction of tax filers that might fit the "Romney mold" (retired, amassed a large fortune and now lives off of the tax-favored income and dividends or successful mega hedge fund manager).
One flaw with the chart is it doesn’t have enough brake points up into the multi millions and to be fair I believe super rich sports stars and celebrities don’t get to participate in the loopholes as do the financial and private equity types But otherwise as you get into the upper levels of the 1% payroll tax and state and local pretty much disappear as any impact on them and the sources of your income is protected from comparable tax rates, capital gains and qualified dividends taxed at a low rate with lots of opportunities to offset gains with, depreciation, charity to political "churches", Filtering gains through a foreign holding shell company with a PO box in the Cayman Islands to avoid paying any US income tax etc. Tax policy center estimates ~4000 with incomes over a million paying zero taxes. ~18,000 with incomes over 500k. These people aren’t freeloading on the government for a few thousand dollars; they are freeloading on the government for multi millions.
What are they doing with the extra money they keep because of the system that allows them to? It certainly isn’t used for creating jobs in America. I’m pretty sure a good chunk of it is used for lobbying and trying to buy the government. Allot of it is also used for propoganda to mislead the public especially since the citizens united case.