A US National Health Care System? Message Board

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Politics : A US National Health Care System?

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To: John Koligman who wrote (5062)	2/29/2008 1:00:53 PM
From: TimF	Read Replies (1) of 42652

OT Despite not because of those rates. And such rates only applied to really massive (by the standards of the day) incomes, and effectively only applied to people who were not very smart in avoiding taxes (or where too lazy to do so, or liked the idea of most of their income going to the government). 90% isn't just unjust it also raises less revenue than lower rates. 90% or higher tax rates are foolish from just about any perspective. They don't make sense in terms of trying to achieve a better fiscal situation, greater economic growth, making more money available to spend, or just about any other purpose except bringing the wealthy down (and since they had a lot of loopholes, and since they apply to income not wealth, they were not even all that good at that dubious purpose)

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