As I've said before, 45% flat tax on all income over 50K. And before you scoff and dismiss this as "off your rocker", such levels of taxation are commonplace in Europe and possibly other developed countries.

Since everyone wants their hands in the govt coffers, we need to make sure those coffers are funded, and social programs are fully payed for.

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Posted by BBONDS25

Member since Mar 2008

49043 posts

Posted on 5/5/24 at 4:57 am to tarzana

quote:
As I've said before, 45% flat tax on all income over 50K. And before you scoff and dismiss this as "off your rocker", such levels of taxation are commonplace in Europe and possibly other developed countries.

You are an insane person. That isn’t taxing the rich. That destroys the lower middle class. The rich are already approaching that. All this does is prove to all of us you’re a poor.

That being said. Your insane proposal doesn’t address the question I asked. What percentage of the burden should “the rich” pay?

This post was edited on 5/5/24 at 4:58 am

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Posted by Jorts R Us

Member since Aug 2013

14930 posts

Posted on 5/5/24 at 6:26 am to tarzana

quote:
As I've said before, 45% flat tax on all income over 50K. And before you scoff and dismiss this as "off your rocker", such levels of taxation are commonplace in Europe and possibly other developed countries.

Like who? Belgium? Yeah, you'll looooove the tax burden placed on labor vs capital in that country.

You like inefficiency? Google "trous autoroute belgique" and let me know what you think of their road tax.

This post was edited on 5/5/24 at 6:27 am

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