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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (7792)10/28/2003 12:41:36 PM
From: Cary Salsberg  Read Replies (2) | Respond to of 25522
 
RE: "I am pro flat tax rate for all job related salaries
up to $2M"

Please explain why a family of 4 with a taxable income of $30K should pay the same tax rate as a family of 4 with a taxable income of $1.95M.

What is so special about $2M that the tax rate should jump from 30% to 70%?

How would you treat income that was not "job related"?