Apr 22 2009
∞
Tax them 100%… at least
“The more equitable thing would be to impose a graduated tax on income beginning at $500K for a single, $1 million for a couple - the starting rate would be 100% and would increase by 20% for every $100K of additional income. So, a single taxpayer’s net after taxes would not exceed $500K and if he/she earned $1 million the net income would be zero (200% x $500K).”
nonstopjoe @ 13:11 - Wednesday, April 22nd, 2009
