What is the optimum tax rate on the wealthy?

[Mercor]

The amount the wealthy pay in tax dollars is less important to them then the efficient spending by the Government.
Are the well off opposed to paying more education taxes? No. many right now pay 5 times for education then what they pay in local school taxes.

Chicago is 37% White, the public schools are 3% White, 97% minority.
In the Chicago suburbs the numbers are almost opposite. if the Government would do its job,like in the suburbs, many wealthy would be willing to pay a lot more in school taxes.

 

[MKTrader]

Quote from lighnintrade:

An ape would have enough deduction skills to see what the system you suggest would lead to.

So instead of making some asinine ad hominem argument, why don't you deduce it? You didn't even explain what "system" you were referring to. A no central bank, low-tax, non-welfare, non-military adventurism state?

I was get a laugh when "traders" (read: Occupy [hometown] / gov't handout junkies) scream for higher taxes on the wealthy. I'm sure you'd like to write off more losses, though, eh?

And please, learn about

http://en.wikipedia.org/wiki/Psychological_projection

before you rattle off about someone else being brainwashed and simple-minded.

 

[RewriteQuran]

https://en.wikipedia.org/wiki/White_privilege in USA = https://en.wikipedia.org/wiki/Oligarchy in Russia

 

[Humpy]

Talking of FAIRNESS ( yeah I know a dirty word in some places ) I would like to see ALL pensions put into 1 pot and paid out equally.

Never happen in the US but could and should happen elsewhere. Now that winter is here again many pensioners are having to make a difficult choice between turning on the heating and buying food !!Either way their life expectancy is shortened to weeks.

The rich don't need huge pensions as well !! But the worse off really should have a bit of comfort and dignity for the last few years of their lives !!

 

[Humpy]

Quote from Humpy:

Talking of FAIRNESS ( yeah I know a dirty word in some places ) I would like to see ALL pensions put into 1 pot and paid out equally.

Never happen in the US but could and should happen elsewhere. Now that winter is here again many pensioners are having to make a difficult choice between turning on the heating and buying food !!Either way their life expectancy is shortened to weeks.

The rich don't need huge pensions as well !! But the worse off really should have a bit of comfort and dignity for the last few years of their lives !!

I don't know if they still send round trucks in the major Russian cities to collect the " stiffs " after a cold night. They used to, a few years ago. The homeless are frozen solid as they huddle in doorways. Cruelty to many of their senior citizens beyond belief !!

 

[RewriteQuran]

Quote from MKTrader:

So instead of making some asinine ad hominem argument, why don't you deduce it? You didn't even explain what "system" you were referring to. A no central bank, low-tax, non-welfare, non-military adventurism state?

I was get a laugh when "traders" (read: Occupy [hometown] / gov't handout junkies) scream for higher taxes on the wealthy. I'm sure you'd like to write off more losses, though, eh?

And please, learn about

http://en.wikipedia.org/wiki/Psychological_projection

before you rattle off about someone else being brainwashed and simple-minded.

And please, learn about
http://www.monbiot.com/2011/11/07/the-self-attribution-fallacy/

 

[MKTrader]

Quote from RewriteQuran:

And please, learn about
http://www.monbiot.com/2011/11/07/the-self-attribution-fallacy/

There's already a thread where many responded to that awful article:

http://www.elitetrader.com/vb/showthread.php?s=&threadid=230876&perpage=6&pagenumber=1

You started the stupid thread (remember?) and failed to engage with the responses.

25 "wealth managers" is beyond a statistically insignficant subsection of the wealthy. The article/"study" cherry-picked a profession in which luck plays an unusually big role. It certainly doesn't prove every wealth person (entrepreneurs, innovators, successful traders and money managers who actually produce alpha) got where they are by "luck."

Why in the world are you on a trading site anyway? Isn't this just a game where wealthy people mysteriously get lucky and take your money all the time?

 

[JakeGreen]

-25%. Any government would have to PAY ME to waste a second filling one of those tax forms.

 

[lighnintrade]

Quote from MKTrader:

And please, learn about

http://en.wikipedia.org/wiki/Psychological_projection

Clever. I've heard "I know you are but what am i?" and "I'm rubber and your glue" are also often used by someone of your mental capacity.

Quote from MKTrader:



before you rattle off about someone else being brainwashed and simple-minded.

Sorry i have to call it what it is.

 

[lighnintrade]

Quote from Humpy:

But the worse off really should have a bit of comfort and dignity for the last few years of their lives !!

Dignity? Let them starve it out. They're lucky they don't get regular beatings from us forced to pay taxes.