RE: Politically Progressive Section
April 16, 2011 at 2:10 pm
(This post was last modified: April 16, 2011 at 2:11 pm by reverendjeremiah.)
(April 16, 2011 at 2:03 pm)downbeatplumb Wrote: Tax the rich more.
It is the only real answer.
Its not that, and I am not personally wanting the "tax the rich" across like a sweeping generalization. I am for taxing income at a higher level with a higher percentage. Sort of like your first 10 million is good for 33%, and 33% being close to the middle class tax bracket for between 35K and up. So there is a fair tax in the sense that such a wide amount of people will share the same percentage, even if you are rich, you will share a percentage with the rest of the majority..but everything after such huge amounts pay just a tad extra. Lets say in this situation an extra 10% (which isnt much). So your first amount up to 10 mil will be taxed at 33%. Anything more you make past that is taxed at 43%.
Of course, I just made these numbers up on the spot for a quick example. I do believe Cenk posts the real percentages in the video the Progressive Caucus submitted..the only problem being they never listen to the PC.