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General Discussion

roamer65

(36,744 posts)

7. I'd settle for a top rate of 45 pct at this point.

Reply to WarGamer (Original post)

Wed Apr 28, 2021, 07:05 PM

Apr 2021

40 pct for $1M to 10M, 45 pct for income over $10M.

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15 replies

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Biden tax proposals too soft... [View all] WarGamer Apr 2021 OP

What we need to do -- but no politician will -- is tell folks that everyone but those at the lowest Hoyt Apr 2021 #1

Just stop giving refunds every year jimfields33 Apr 2021 #2

That's a new proposal. You have a point, if people didn't need it over they year, keep it. Hoyt Apr 2021 #4

Yes, but some use it as a "mandatory" savings program... yagotme Apr 2021 #5

Very true. We'd have to put in some hardcore rules and procedures to make it fair across the board. jimfields33 Apr 2021 #6

Yeah, you kind of got me a bit, with the "just don't give it back" idea. yagotme Apr 2021 #13

We shouldn't mess with the middle class tax brackets TxGuitar Apr 2021 #3

I already pay high taxes...I am sick of the super rich getting away with sending their money Demsrule86 Apr 2021 #8

Problem is, even if we tax them at record rates, it won't be enough. Hoyt Apr 2021 #10

I'd settle for a top rate of 45 pct at this point. roamer65 Apr 2021 #7

People who make 10 million don't pay income taxes...the have all sorts of ways to avoid them. Demsrule86 Apr 2021 #9

True to some extent, but those in top 25th percentile do pay 85% Hoyt Apr 2021 #11

Then we start closing those loopholes. roamer65 Apr 2021 #12

92% for the wealthy elite, like it was under Republican President Eisenhower. WyattKansas Apr 2021 #14

Cry some more Richy Rich... WarGamer Apr 2021 #15

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