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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (50183)	12/31/2017 12:54:45 PM
From: Wharf Rat	Respond to of 359793

"by and large society needs to decide how the wealth of the country is allocated." That's what we do. We've decided that roughly 20-40% is allocated to government, and the individual gets the rest, to spend any way s/he wants. Should we tax the rich more? Yeah.... "Rat wants to increase taxes on the rich. His plan of choice has a top bracket of 99% tax for earnings above $1B. He also thinks GE should pay more in taxes than he does." Message 31247067 Should we tell them what to do with the remainder ? Fuck no. Should we tell you what to do with your money? Hell yes, cuz lead by example. Send each of these people $200. Care to Help Project UNICEF K.I.N.D. Project - Help Children in Malawi Today?

To: koan who wrote (50183)	12/31/2017 1:48:08 PM
From: i-node	Respond to of 359793

>> During the 50's the top taxes were something like 90%. >> But by and large society needs to decide how the wealth of the country is allocated. The statistics are not as good about the 50s as we have through SOI today. But all of the data we have available from the period has suggested that those paying the 81% or higher (up to 91%) rate in the late 50s amounted to 0.02% of taxpayers. Obviously, a totally insignificant amount of money to the Treasury. So make your case, big mouth. I didn't think so.