Taxes on Rich People?
Taxes on Rich People?
Out of context: Reply #49
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I understand the arguments - tax the rich stifles growth, gov't wastes money on everything, etc., etc.
There is validity to both sides of the argument (I can't stand the typical dem/rep rhetoric that it is one or the other).
If I pay more taxes, then sure, I'll spend less (both on my company and myself). But I also pay a ton in health insurance, which I don't think anyone should have to do (within limits).
Also, what is "rich"? People making 250k a year are doing nicely, but nothing compared to someone making 10mill a year.
There should be a better break down at the top and a better definition of what is "rich". The tax brackets setup now are not exactly fair.
raf - who pays 41%?