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Politics : View from the Center and Left

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To: Elroy who wrote (154345)1/14/2011 1:56:51 PM
From: epicure  Read Replies (1) of 540884
 
No more than 50%- for under a million. I don't know about folks making over a million. I'd have to think about that.

I think people making under 20k shouldn't be taxed at all. 21- 35- maybe a small tax, to make them feel part of the system. 36 to 45- still small- with lots of generous credits for things like child care, education, health clubs- things that keep our citizens healthy and well educated.

50-75k- maybe a 12% rate? With credits for things we consider important.

Over 75k- 25%

Over 125- 35%

Over 150- 40%

Over 300k- 50%

At the point where you make a milliong a year- I suggest we tax those extra millions (OVER 1 million) at around 60%.

Over 5 million a year- I'm thinking a 75% tax rate
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