Preferred Individual Top Income Tax Rate (user search)
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  Preferred Individual Top Income Tax Rate (search mode)
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Poll
Question: What would be your preferred top income tax rate?
#1
90%		  
#2
80%		  
#3
70%		  
#4
60%		  
#5
50%		  
#6
40%		  
#7
30%		  
#8
20%		  
Show Pie Chart
Partisan results
Total Voters: 48

Author Topic: Preferred Individual Top Income Tax Rate  (Read 5926 times)
opebo
Atlas Legend
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Posts: 47,009
« on: July 09, 2012, 07:16:24 AM »
Quote from: Gustaf on July 09, 2012, 01:59:59 AM
I think there is a general consensus that tax rates above 50% don't really generate any revenue. I guess that if one really loves redistribution it can still make sense to support it though.

Precisely!  Which is why my top rate would be, in a sense, 100%.
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opebo
Atlas Legend
*****
Posts: 47,009
« Reply #1 on: July 10, 2012, 12:45:05 PM »
Quote from: Torie on July 09, 2012, 04:38:12 PM
It would be a great way to turbocharge the barter system. Tongue

On a side note, when Ingmar Bergman realized that his marginal tax rate in Sweden was 101%, he emigrated. Smiley

With the kind of 100% tax I envision, they wouldn't be able to barter or emigrate afterwards.  Or do any further crimes of any kind, if you see what I mean.
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opebo
Atlas Legend
*****
Posts: 47,009
« Reply #2 on: July 12, 2012, 11:50:39 AM »
Quote from: Green State on July 11, 2012, 03:02:21 PM
90%

The rich only get their  money through manipulating it and using the middle & poor classes!

Good man!  Welcome to the forum - love the signature.
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