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Politics : Formerly About Advanced Micro Devices

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To: bentway who wrote (369598)2/2/2008 3:19:25 PM
From: Elroy  Read Replies (2) of 1582856
 
I'm for taxing the wealthy MUCH more.

How much more than 45% on the dollar should the wealthy be taxed? If a person earns $1 million in New York City, they pay ~38% federal tax and probably 8% state tax, and I think some county tax as well.

What do you think they should pay? For one person to pay half a million bucks in tax on a million dollars of income seems huge to me. What would you have them pay?
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