SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (44809)8/11/2010 2:57:55 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Re: "Soaking the very very rich isn't going to produce much revenue."

No reason we should have the top marginal rate kick-in at $200,000 though!

I'd prefer to keep lower rates for incomes @ $200,000 and less... while moving a new top marginal rate much higher, perhaps @ $5 million, or $15 million a year or something like that.

I see no reason for a dentist making $200,000 a year to pay the same marginal rate as a hedge fundie raking in a half Billion a year....



To: TimF who wrote (44809)8/13/2010 6:47:38 PM
From: tejek1 Recommendation  Read Replies (1) | Respond to of 71588
 
Soaking the very very rich isn't going to produce much revenue. There are not enough of them, they already face high marginal rates and thus high incentives to reduce their tax liability, and the fact that they have so much money makes schemes (legal avoidance or even illegal evasion) to reduce the percentage they pay more worth the cost of setting them up.

Higher rates for the rich are coming....their free ride is over.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News