Remove the taxation difference between capital gains and personal income and create new tax brackets for truly high income folks ($1M plus, $5M plus, etc.). Good start. Wealth disparity is an enormous issue that absolutely needs to be addressed.
It won't be. But it should be.
Why Millions of Americans Feel Like They Have No Power
Re: Why Millions of Americans Feel Like They Have No Power
by Winchester » Tue May 05, 2015 8:48 am
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Re: Why Millions of Americans Feel Like They Have No Power
by Dylan » Tue May 05, 2015 8:48 am
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Re: Why Millions of Americans Feel Like They Have No Power
by Winchester » Tue May 05, 2015 8:52 am
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Re: Why Millions of Americans Feel Like They Have No Power
by John Galt » Tue May 05, 2015 8:54 am
income tax rates for top end are not at historical lows. for most of our existence actually the tax rate was 0%, indy, which is much lower than today and you can keep infinitely more money from the government.
when it was introduced it was 8% top rate. the top rate was lower in part of the teens, 20s, and late 80 early 90s than it is today
but keep on trotting out that line about "historic lows" for the top rate even though simply google searches show you're factually incorrect
when it was introduced it was 8% top rate. the top rate was lower in part of the teens, 20s, and late 80 early 90s than it is today
but keep on trotting out that line about "historic lows" for the top rate even though simply google searches show you're factually incorrect
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.
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Re: Why Millions of Americans Feel Like They Have No Power
by Winchester » Tue May 05, 2015 9:05 am
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Re: Why Millions of Americans Feel Like They Have No Power
by John Galt » Tue May 05, 2015 9:11 am
Americans learn only from catastrophe and not from experience. -- Theodore Roosevelt
My life has become a single, ongoing revelation that I haven’t been cynical enough.
My life has become a single, ongoing revelation that I haven’t been cynical enough.
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