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Politics : Sharks in the Septic Tank -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (52833)7/11/2002 10:05:14 PM
From: The Philosopher  Read Replies (2) | Respond to of 82486
 
Basically, the same as graduated individual income taxes. I don't know what the percentages would be, but for an example only, assume a tax rate of 20% for the first $100,000 of income up to 100,000, 25% for the next 100,000, 30% up to $1 million, and increasing 1% for each additional million of income up to a limit of 90% on all income over 61 million.

That's not a proposal, it's an example. But it would be interesting, eh?