What should the highest income tax bracket rate be? (user search)
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  What should the highest income tax bracket rate be? (search mode)
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Poll
Question: Regarding an income tax, I think it should be:
#1
a progressive system with rates between 1% and 25%
 
#2
a progressive system with rates between 1% and 50%
 
#3
a progressive system with rates between 1% and 75%
 
#4
a progressive system with rates between 1% and 100%
 
#5
a flat system with a rate between 1% and 25%
 
#6
a flat system with a rate between 26% and 50%
 
#7
a flat system with a rate between 51% and 75%
 
#8
a flat system with a rate between 76% and 100%
 
#9
there should be no income tax
 
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Partisan results

Total Voters: 67

Author Topic: What should the highest income tax bracket rate be?  (Read 6645 times)
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Posts: 3,426
« on: September 29, 2011, 11:18:11 AM »

A progressive system with rates between 1 and 100%.

We should look to the obvious lesson of history for the ideal top rate - 70%, speaking very conservatively.  Though I would have no objection to 90%

Progressive income tax, with rates going from 0% to 90% (maybe 100% for the most insane incomes). Of course that's not gonna happen in my lifetime.

90 and 100% tax rates?!  Why don't you just throw them in jail while you are at it?  50% is the upper limit of what is reasonable.  If the country can't meet its obligations by confiscating 50% of people's income over say 5 million dollars a year it deserves to go bankrupt.
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