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yurbud

(39,405 posts)
6. you could keep or even lower the cap AND rate AND still collect more revenue IF....
Thu Mar 15, 2012, 03:43 PM
Mar 2012

You applied the tax to the first $100K of EVERY kind of income.

Warren Buffett would hardly feel 13% of his first $100K, and while it might pinch some aspiring day traders, they are just as likely to need the SS safety net if they aren't high enough up the food chain to get the wink and nod when bubbles are scheduled to burst.

Latest Discussions»Issue Forums»Editorials & Other Articles»The $6.6 Trillion Retirem...»Reply #6