What is the optimum tax rate on the wealthy?

Tax rate on the wealthy (say earners of > 1M a year)

  • 0 - 10%

    Votes: 28 22.4%

  • 11% - 20%

    Votes: 16 12.8%

  • 21% - 30%

    Votes: 26 20.8%

  • 31% - 40%

    Votes: 12 9.6%

  • 41% - 50%

    Votes: 13 10.4%

  • 51% - 60%

    Votes: 4 3.2%

  • 61% - 70%

    Votes: 18 14.4%

  • I don't know

    Votes: 3 2.4%

  • I don't care

    Votes: 5 4.0%
  • Total voters
    125
Quote from lighnintrade:

http://www.bloomberg.com/news/2011-...-job-creators-commentary-by-nick-hanauer.html

Here's the reality, printed in this article for all to see. But I don't expect the puppets to understand it. It's in direct conflict with what these simpletons are brainwashed into believing.
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It's comforting to know that any mindless drone who buys into that article will pay me handsomely in the markets.

It's discomforting to know the same drone will try to get his money back via legalized theft at the ballot box (i.e., voting for the sugar daddy who promises to give them OPM).
 
Quote from MKTrader:

It's comforting to know that any mindless drone who buys into that article will pay me handsomely in the markets.

It's discomforting to know the same drone will try to get his money back via legalized theft at the ballot box (i.e., voting for the sugar daddy who promises to give them OPM).
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you know how to use a computer to trade and make money. How much did that computer cost you? I can make money with a ballot box and it didn't cost me anything. I like it when you take big risks. If it doesn't work out I lose nothing. If you make a lot of money that's just more for me. As long as we can keep stupid capitalists out there working for us we can sleep late and live like kings. All we have to do is dangle a new Audi Coup in front of you like a carrot in front of a mule. There's 53% of you and only 47% of us, yet we have you working for us. You work hard, we work smart. While your daddy was teaching you how to operate a lawnmower, my daddy was teaching me how to operate a ballot box. Hope you get paid handsomely by some mindless drone because my rent is about due.
 
Quote from Thermactor:

How about a tax rate that is 50% more for public sector salaries and pensions, than for private sector earnings?
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how much more do you want from me? I'm already paying their salaries, now I gotta pay even more to cover their high taxes?
 
Quote from Thermactor:

How about a tax rate that is 50% more for public sector salaries and pensions, than for private sector earnings?
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While I'm against all progressive income tax, I must admit that huge taxes on gov't job double-dippers, the upper echelon of public sector employees and Congress sounds awfully tempting.
 
Listen to this,This is my best trade yet. I've invested 2 million into influencing the corrupt legislators into enacting legislation to my benefit that will allow for me to obtain 100 million in return, and lower taxes. At the small price of destroying the economy, any chance for the government to pay off the debt, and any chance for 95% of the population to advance beyond the poverty level. It all works out great since i'm also short economic growth, and long government debt. Gee, whoever said corruption was bad must have not known what they were talking about, sure seems good to me. This trade is absolute proof of how easy it is to make money, that the middle and lower class are not working as smart as me, and that they're very lazy. But that's their problem. Well great deal for me. Have a nice day underlings. Also i'm approaching TBTF status at which point i'll just bet the farm on anything risky or not. If it goes my way great if it goes against me that's great too. Bailouts are in a strong upward trend.
 
Quote from Thermactor:

How about a tax rate that is 50% more for public sector salaries and pensions, than for private sector earnings?
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Sounds good. Or just lower their pay. The tax thing might be more popular though, and be a good lesson of them paying their own debt.
 
Quote from oldtime:

you know how to use a computer to trade and make money. How much did that computer cost you? I can make money with a ballot box and it didn't cost me anything. I like it when you take big risks. If it doesn't work out I lose nothing. If you make a lot of money that's just more for me. As long as we can keep stupid capitalists out there working for us we can sleep late and live like kings. All we have to do is dangle a new Audi Coup in front of you like a carrot in front of a mule. There's 53% of you and only 47% of us, yet we have you working for us. You work hard, we work smart. While your daddy was teaching you how to operate a lawnmower, my daddy was teaching me how to operate a ballot box. Hope you get paid handsomely by some mindless drone because my rent is about due.
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Socialogically incorrect there. If there were any truth to this, you never saw your dad nor did you siblings, who all had different dads.
 
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