reply to post by jimmiec
The sanctions are imposed, hoping that the government being sanctioned cares enough about its people that they will change their policy, or the
people will over throw that government.
seems to me we're just talking about changes in the personal tax structure, not the corporate.
the tax system is deeply flawed. there should be more brackets. a man making $400,000 should be hit in the same manner as a man making $1,000,000
and he shouldn't pay the same rates as a guy making $5,000,000 and so on.
ask the NYC resident, making $400,000 how he likes paying 39.6% to the feds (not including the medicare surcharge on unearned income) and almost 12%
to the state and city. he's bringing home about $160,000.
Yes, $160,000 sounds like a lot and, in some places it is, but not in high tax states, which is where the bulk of the so called working rich live.
The tax rates are unfair in a variety of ways and bemoaning a 2% increase in medicare which is used to benefit everyone and is needed to cover medical
costs for those that cannot afford independent insurance, seems a bit ridiculous.