Citizen of nowhere
|Joined: ||Wed Dec 12th, 2007|
|Location: ||Parts Unknown|
The Ultimate Sin wrote:
I’m not a hard ass; I think the government and we as people should help others less fortunate but I think a 90% tax on the rich is crazy.
You do realize it's not a 90% tax on the rich, right? It's 90% on the amount over the 10 Million Dollar cap. If I make 10M my tax doesn't change. If I make $10,000,001 I pay 90% on the extra dollar.
And if you make $20 million you pay 90% on $10 million and that's crazy. The government isn't giving that money to the poor, they're spending it on all the things liberals hate anyway, namely the military (where even half of that gets "lost") and to overpay private contractors. So I don't understand your point. It's redistribution of wealth from the very rich and competent to the very rich and incompetent.
The system is broken when you are crying for people who earn $20M a year.