You're arguing for the class warfare approach. I'm putting in 70 hour weeks. I consider myself a "working person" with that level of effort. I receive compensation that you might label "rich". I would argue that "working people" in your context is the low wage earners and union types. The same folks that are flopped on the couch drinking beer and watching football games while I'm still at the office. Why should I get screwed out of even higher taxes to subsidize the slothful that won't work more than 40 hours a week, but want all the perks that come with my level of effort? If taxation removes the incentive to work harder, I know where to find the beer and TV.
“You’re arguing for the class warfare approach. I’m putting in 70 hour weeks. I consider myself a “working person” with that level of effort.”
And you’re being dismissive. Figuring anyone who isn’t at your income level is some sort of sloth. I am not in the wealthy category, but definitely not poor, and not union.
Letting me keep a little more of my money drives the economy. I do spend money. I freely admit, I’m not a job creator. But the job creators seem to have focused their efforts on China and India.
Yeah, I’ll admit, it chaps my behind that they want to fight like heck to avoid taxes on the wealthy, but when it comes to raising MY taxes. No problem.