Taitertots (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Wed Sep-02-09 03:11 AM
Response to Original message
1. Half is not enough
No taxes until 100,000 a year
After 100,000 25% on everything up to 500,000
After 500,000 50% on everything up to 1,000,000
After 1,000,000 90% tax on everything else
OK, let's see just how this works.
If you make $100,000 then you keep your $100,000
If you make $100,001 then you keep $75,000. Boy don't that sound like a good idea?
If you make $500,000 then you keep $250,000. You lose half!
So if you make $1,000,000 you have to pay 25% on $100,001 up to $500,000. That works out to $125,000 in tax. The next $500,000 works out to be $250,000 in tax for a total of $375,000 in total. Or actually if you tax them on $999,999 it actually would be $499,999.50
If you make $1,000,000 then you get to keep $.10 on every dollar over the original. Boy, there will be a hell of a lot of incentive to make money for the frikkin' governmaent, won't there?
So you in your infinite wisdom believe anyone making a million dollars should give half to the government! If you think people will put up with half of their income being confiscated, you certainly don't know the American people. The fact is, they DAMN near pay that now, and they're telling Bam Bam to pound sand!
DUmmie math always makes me want to have another scotch!