Reply #38: I've already told you.

[NAZLib]

I've provided the best estimates I have for how many people making over $1M there are in this country and how much they make and pay based on the CBO and other figures. Is that just an estimate? Yes it is and if you've got a better one please provide it. Yesterday you claimed I was just repeating numbers from the M$M. When I showed you that I wasn't then you claimed that I wasn't accounting for other legal forms of income like capital gains and when I showed you that I was you now change your argument completely to "their all hiding their income". Ok, so maybe they are so what's your estimate for how many people in the US make more than 1M/yr and how much to they earn in total? BTW just to be clear, are you saying that they are lying on their tax forms or are you saying that there is some legal tax loophole that I've not accounted for and that accounts for tens of Billions annually? I think the CBO numbers account for nearly all the legal shelters but obviously they don't account for people who simply lie.

As for fairness, that's a completely different topic. My argument is strictly about the practicality and economic consequences of the plan.