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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (215086)1/16/2005 9:33:41 AM
From: RetiredNow  Read Replies (2) | Respond to of 1575538
 
LOL. I hear you. But this time around, I'm going to take one out of the Democrat's playbook though. Graduating taxes upwards as income increases is the best way to solve our nation's debt and deficit issues. If you increase taxes by 1% below the $200K income range, that brings in almost nothing. But bring in 1% extra above that same range and you bring in a sizeable tax haul. Simply put, rich people can afford to pay more.

Hell, establish a new tax bracket of 50% for everyone that makes $2 million or more a year in income and we will have enough money to solve the debt, the deficit, social security, and medicare, combined.