Give a logical reason as to why the super wealthy shouldn't be heavily taxed.

MWHC22

Bier/Deutsch/Homebrew/ Packers/Blackhawks/Outdoor
May 10, 2001
12,205
Wisconsin/Utah
The top 50% of earners pay 97% of all taxes and there has been record tax collection quarter after quarter. The taxing isn’t the problem the over spending is.
right...so the argument is...

if the bottom 50% paid no taxes, and the top 50% paid enough extra to cover the 3% from the bottom half... no one in the top half will even notice the difference yet everyone on the bottom suddenly has a huge increase of money in their pocket
 

Cicada

Abraham $LINK’in
OT Supporter
Sep 30, 2008
126,825
SoCal
but yes, they should be taxed

I don't think many people actually "make" $500M/year, so maybe lower that threshold
 
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Marty

Won Ton Animal Chin is Missing
May 23, 2000
13,349
have you seen him?
right...so the argument is...

if the bottom 50% paid no taxes, and the top 50% paid enough extra to cover the 3% from the bottom half... no one in the top half will even notice the difference yet everyone on the bottom suddenly has a huge increase of money in their pocket
Or we cut 3% spending and call it a day
 

talontsiawd

OT Supporter
Sep 5, 2003
18,640
St.louis
Stop some of the tax loopholes and problem solved. Don't need to raise taxes but maybe you only get a deduction on interest for one home not every one you own. Maybe not on your plane or million dollar boat. Things like that.
 

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