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In reply to the discussion: France: President calls for 75% tax rate for rich [View all]railsback
(1,881 posts)28. I don't see anything wrong with it
We used to have a high top marginal tax rate on something like over $3 million. Then Reagan came along and turned this country up side down, going from the largest creditor nation to the largest debtor nation.
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Hollande should consider lowering the threshold to $500k/yr. That would put a good dent in deficits.
JaneyVee
Aug 2012
#1
That is wrong also. The fairest tax system is a percentage, where everyone pays let's say 10%
still_one
Aug 2012
#2
You didn't read my post, I said low income don't pay taxes, you have to make a certain amount before
still_one
Aug 2012
#5
it is a start, and then get out of all the trillion dollar wars,would be another start.
still_one
Aug 2012
#14
It would be better than what we have now, we have a reverse progressive tax right now.
stevenleser
Aug 2012
#36
It's a scam. It sounds good, and it is very good for the rich but is debilitating for everyone else.
geckosfeet
Aug 2012
#19
why not. You make x dollars you pay a percentage. no loopholes except low income people do not pay
still_one
Aug 2012
#32
Higher taxes in Europe are an integral part of their social democracy model that
pampango
Aug 2012
#34