Income over $1 million should not be taxed at all. There should be a limit on what a person has to pay. Why punish success? Everybody should pay a flat 10% on the first $1 million of income. That’s it.
Inheritance should NEVER be taxed.
hmmmDid I forget the ‘sarcasm’ mark?
Or did you ‘miss’ the first line.
‘You are dealing with LIBs and Socialists here’
that said (believe it or not, truncated)
Are you familiar with the story of the 10 guys go to the same bar every night and the owner comes up with a plan that since the bill is the same every night and they are friends they should pay by order of ‘means’.
First two pay nothing and gradually rise to where #10(the most well off) is paying the brunt.
The owner wins the lottery and decides to take care of his GOOD customers and give them a percentage BACK on their daily/monthly bill.
So, customer one and two get a couple of bucks, customer 3 and 4 get a few bucks and moved to the ‘no pay’ zone and the ‘rebates’ are doled out with ALL getting a % which makes #10 get ‘hundreds’ back while the lowers get far less.
The other 9 take umbrage at #10, kick the hell out of him and next night he doesn’t show up to pay HIS PORTION OF THE BILL and all go berserk.