Here’s an idea….set a tax rate of 10% fir everyone who makes over $400,000 eith no tax deductions! And make them pay it! Ten percent of $400,000 is $40,000 leaving $360,000. If you can’t live on that, you have a problem! Ten percent of $4,000,000 is $409,000. That still leaves $3,600,000! It won’t kill these wealthy people to have one less car, one less yacht, one less expensive sport car! The trick is to make sure that they ACTUALLY PAY the taxes. Just because some one is in a certain tax bracket it doesn’t mean they actually pay anything in taxes! Many of them don’t! And I would set the corporate rate at 15% and again, no deductions! The only deductions I might consider would be charitable. These people/corporations are more than able to help their less fortunate fellow citizens! And another thing….no more overseas bank accounts! You make your money here, you keep it here!
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Here’s an idea….set a tax rate of 10% fir everyone who makes over $400,000 eith no tax deductions! And make them pay it! Ten percent of $400,000 is $40,000 leaving $360,000. If you can’t live on that, you have a problem! Ten percent of $4,000,000 is $409,000. That still leaves $3,600,000! It won’t kill these wealthy people to have one less car, one less yacht, one less expensive sport car! The trick is to make sure that they ACTUALLY PAY the taxes. Just because some one is in a certain tax bracket it doesn’t mean they actually pay anything in taxes! Many of them don’t! And I would set the corporate rate at 15% and again, no deductions! The only deductions I might consider would be charitable. These people/corporations are more than able to help their less fortunate fellow citizens! And another thing….no more overseas bank accounts! You make your money here, you keep it here!
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.