Create a Dreamwidth Account
Site and Account
Reload page in style:
2010-02-17 04:52 pm (UTC)
Right. So a 78% real marginal rate over is totally reasonable, as long as you can break free of the whole myth of Reaganomics.
Corporate taxes are kind of tricky, especially since it's a lot easier for a corporation to relocate to a tax haven than it is for a human. And, if you're thinking of targeting high marginal incomes, it's also a lot easier to split up a corporation into a bunch of smaller-earning chunks. So humans are probably a better target.
Capital gains.... Yeah. I mean, I think that the AMT (if set high enough) would effectively work around those. I can certainly understand why you might want to tax capital gains at a beneficial rate for lower-income earners--encouraging saving, home ownership, etc. But, really, if you're making $50 million in a year, do we really need to encourage investing that money? It's not like there's anything else to do with it.
Thread from start
If you don't have an account you can
create one now
HTML doesn't work in the subject.
Check spelling during preview
This account is set to log the IP addresses of everyone who comments.
Links will be displayed as unclickable URLs to help prevent spam.
Page generated Oct. 17th, 2017 07:48 am
Expand Cut Tags
No cut tags
Top of page