Cortez marginal tax rate hike
Posted: Fri Feb 08, 2019 11:32 pm
AOC suggests that people who make over 10 million a year should pay a higher tax rate on that portion of their money, provokes outrage.
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I doubt people making $10 million in the states are mobile enough to make $10 million elsewhere.Antiboyscout wrote: ↑Sat Feb 09, 2019 3:21 am Nothing is more mobile than rich people and their money.
We've had a 70% rate before. They can afford it.Darth Wedgius wrote: ↑Sat Feb 09, 2019 2:56 am Well, 70% is a pretty high rate, higher than any other in the world. And some of the scorn AOC's received has been for other factors, such as providing financial security for those unwilling to work.
A more than acceptable byproduct of taking greater steps to assure those who cannot work, or those for whom work alone is insufficient, don’t live in poverty.Darth Wedgius wrote: ↑Sat Feb 09, 2019 2:56 am And some of the scorn AOC's received has been for other factors, such as providing financial security for those unwilling to work.
And here we have someone displaying a complete lack of understanding of incentives, labor markets, and reality.CmdrKing wrote: ↑Sat Feb 09, 2019 2:23 pmA more than acceptable byproduct of taking greater steps to assure those who cannot work, or those for whom work alone is insufficient, don’t live in poverty.Darth Wedgius wrote: ↑Sat Feb 09, 2019 2:56 am And some of the scorn AOC's received has been for other factors, such as providing financial security for those unwilling to work.
(And let’s be real. Most of us have worked with folk who would quit if they didn’t have to to live. Are you REALLY gonna miss having to put up with the attendant half-assing and drama?)
"They can afford it" doesn't mean that it's right or wise. We can all live in well-insulated tents but most of us would consider that a bit extreme.Fuzzy Necromancer wrote: ↑Sat Feb 09, 2019 4:39 amWe've had a 70% rate before. They can afford it.Darth Wedgius wrote: ↑Sat Feb 09, 2019 2:56 am Well, 70% is a pretty high rate, higher than any other in the world. And some of the scorn AOC's received has been for other factors, such as providing financial security for those unwilling to work.