@Brandon9000,
Brandon9000 wrote:
I'm not an expert on these things, but I am under the impression that the rich are already in a higher tax bracket. I could get behind closing loopholes, though, so that they actually are paying the tax associated with their bracket.
Sure, I agree with that. As to the tax bracket -- yeah, earnings over a certain amount (I want to say 350k) are taxed higher, but social security and fica (not positive about fica) are not taken out after a certain amount either. And I think some people who are really really rich live off of long term investments, which is taxed at 15% right now. But clearly I'm no expert on this either.
Quote:As to your question, everyone should have to contribute to national problems. We shouldn't act as though success required punishment.
No, but I think success is its own reward and doesn't need a tax code that blesses it to make it all the more appealing. I just think that it's time to pay the piper and, yes, we all have to pay. But the middle class are pretty much already tapped out.