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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (587454)	9/25/2010 4:11:04 PM
From: SilentZ	Read Replies (2) of 1576811

>Z, my view is that overly progressive tax rates do more to preserve class inequality than reduce it. Based on what? >Wanna go after wealth? Tax property, not income. After all, money has to move, no? We do plenty of property taxing. The estate tax is actually a great example of it, but conservatives scream bloody murder about it and this year it doesn't even exist at all. >I'm still waiting for someone to describe the logic of the rich "wishing" they could pay more taxes. Why don't they just voluntarily donate them? Such as Facebook Zuck, who just donated $100M to the NJ public school system? Because that doesn't create a sustainable, reliable system. And Zuckerberg giving $100M is, first off, just a very small drop in the bucket of educational needs in this country. Second, it's a small portion of his net worth of $4 billion. I give away a larger percentage of my net worth every year than he does of his. -Z

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