It does not take a scientist to figure this one out. They more you make the more you pay period!. Leave the little guy alone, leave the poor people along and far most, leave the ELDERLY ALONE! Elderly people have already paid in why is everyone in the Government wanting to take everything away from them? Tax the rich at higher rates, make them pay the higher of the highest property taxes, school taxes and federal taxes. We as the middle class are sick of getting picked apart, and the elderly, well need I say more. The Government is out of control in spending so why not get the money from the Rich that have it to pay?
4 votes
Rank4892
Idea#5300
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Comments (3)
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Great in theory, counter-productive in practice. As tax rates go up, revenue goes down. Counter-intuitive, I know, but true. See this article from The Wall Steet Journal:
http://online.wsj.com/article/SB10001424052748704529204576257261171406994.html
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When we talk about the rich we need to consider who creates jobs. I agree that there probably needs to be some better equity in the taxing, but don' t go overboard and create burdens that force companies to reduce the employment to cover the increased tax burden.
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I agree taxes on those making over $500k can go up but $250 is not rich.
I make $100K and feel poor after the feds and MD gets to me.
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