Vandalshandle
Gold Member
1950 tax rate
$400,000 - and over
84.357%
2014 Tax rate
$400,000-and over
39.6%
Should be a flat rate of 10%.
If we didn't have this debt hanging over our heads, we wouldn't need these parasitic tax rates. Like Iceland, we need to tell the bankers to pound sand and refuse to pay the debt. Like fight club, reset the debt to zero.
Russia has a flat tax of 13%. But Russia likes its people.
The tea party's wet dream. If you can not eliminate taxes altogether, make them regressive....