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by jimbofisher1
2900 days ago
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If you work a job that allows you no free time that is your choice. Whining that other people have leisure time is absurd, if you want leisure get a better job. I am disturbed by people's aversion to taxing the wealthy. After WW2 the top tax rate in the US was over 90% and until the 70s it was over 70% but since then we have been systematically fooled by the wealthy to believe the absurd "Job Creator" story and income inequality has sky rocketed as a result. |
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I don't think the place to aim for is income tax. Tax in the 70s was crazy (the Beatles wrote a pretty famous song about it, it was in the 90%s in the UK). Frankly I don't think income tax should ever be above 50%.
Taxing capital gains on the other hand should be higher than in the 20%s for people "making" millions a year this way. Not to mention how easily corporations dodge tax, or how people can inherit vast fortunes without doing or risking a thing. Aiming at raising income tax is just pointing badly off people against slightly better off people, all whilst the truly wealthy are ignored.