(July 4, 2015 at 6:28 pm)Minimalist Wrote: Knock the caps off the FICA contributions so rich motherfuckers pay on their entire salaries....just like the poor.
(And, oh, I suppose we could stop pissing away $13b just to build another aircraft carrier when our enemies are using exploding underwear.)
http://www.businessinsider.com/this-is-t...hip-2015-6
We could also tax the rich more generally, and take money out of the general tax funds. Rich people getting lower tax rates for their different forms of income is ridiculous and obscene. The more you make, the higher the percentage of your income you can afford to give up. Hell, if a billionaire had to pay 90% of his income in taxes, he could still live like a king.
The rich need to be taxed much more than they are at present. They benefit the most from the system in place (that is how they got their money), so they should be the ones paying the most for the system we have.
"A wise man ... proportions his belief to the evidence."
— David Hume, An Enquiry Concerning Human Understanding, Section X, Part I.