62% Federal Tax rate??!!

[timmgirvan]

Originally Posted by somerfrost

Timm, unfortunately I've seen the results of trusting rich folks throughout my life. Not saying all are evil, but the ideology that trusting windfalls given to rich folks will benefit us all simply isn't true.

The rich need to have an incentive to release their hard-earned gains! Its harder to keep it than it is to gain it...or so I'm told(ahem)

[somerfrost]

Originally Posted by timmgirvan

The rich need to have an incentive to release their hard-earned gains! Its harder to keep it than it is to gain it...or so I'm told(ahem)

As unrealistic as I know it sounds, it would be a better world if that incentive was based on love of mankind rather than love of riches. May never happen but feeding the rich is not the answer.

[Riot]

Originally Posted by timmgirvan

The rich need to have an incentive to release their hard-earned gains! Its harder to keep it than it is to gain it...or so I'm told(ahem)

Unfortunately, "trickle-down economics" didn't work with Reagan, and hasn't worked since.