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originally posted by: stormcell
The only fair way would be a flat rate tax.
originally posted by: noeltrotsky The super rich once again bend Democracy to their whim.
originally posted by: nonspecific
those that believe that they should not be punished for success will pop along at some point.
originally posted by: noeltrotsky
I was wondering what people think of a tax like this? Possibly it should be implemented in many democratic countries at the same time so the super rich can't run and hide? Or should Democracy just give up trying to control income inequality?
originally posted by: Kamza
I'm sorry but just no... Taxing earnings at a ridiculous 75% is NOT how income equality will be solved... Taxing savings and assets WILL... Even if just 1% of savings and assets of people were taxed in a year or two u could remove poverty... Why this would work? The super rich are sitting on mountains of wealth, this accumulated money is left relatively untouched by the tax man...
originally posted by: 8675309jenny
It should be: Flat tax, earn more, pay more.
originally posted by: ScepticScot
The idea that anyone who supports higher taxation on the wealthiest is unambitious is just buying into the Horatio Alger myth.
originally posted by: noeltrotsky
I was wondering what people think of a tax like this?