What tax rate should rich people pay?
A working paper by Fabian Kindermann from the University of Bonn and Dirk Krueger from the University of Pennsylvania advocates taxing the highest 1 percent of earners at a marginal tax rate that is “somewhere between 85 and 90 percent.” As reported by Ben Walsh at the Huffington Post:
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I myself am all for a tiered tax rate, for politicians and former pols turned lobbyists. For every dollar over say $500K, they get taxed 95%. AND it goes up 1/2 a percent every successive year they make that much.
ReplyDeleteAm I the only one that when Denny Hastert got busted by the feebs a few days ago wondered, Where the F did a former school teacher turned congress critter get M I L L O N S to be blackmailed out of!?
Where the F did a former school teacher turned congress critter get M I L L O N S to be blackmailed out of!?
DeleteReally.
Do you know how much you need to make in 2015 USA to be in the top 1% of income??? Try $150,000.00. It might not even be that high. I read it yesterday.
ReplyDeleteDon't remember the exact number but it's no higher than that. I want to say it's closer
to $115,000.00
When the government starts taxing everyone into a state of equality what do you think is going to happen?. I'll tell you, our smartest, brightest and most motivated are going to stop working and get their check until the Fed goes under. Greed is a powerful motivator and drives our economy. Trickle down works. CH
Yes, break the system back.
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