Liberal Remedy for Everything

All the liberals and “progressives” have the same solution for everything.  Target the extremely rich — the 1 percenters — with much higher taxes.  I was listening to one politician the other day recommend a tax rate of 80% for the people in the 1 percent income bracket, and she said it without missing a beat — unapologetically.

That would mean that the government would claim 4 out of every 5 dollars earned by a member of the 1 percent bracket.  In effect, the super rich wouldn’t be working for their own self-interest anymore.  They would be working for the self interest of the government.

The top 1 percent already pay 37.6% of all the taxes, i.e., they already pay way more taxes than one would expect.  But according to these liberals and progressives, that isn’t nearly enough.

Tax Data

My Story

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s