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Reply to "Taxes - where should top tax rate be set and at what %?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Income inequality and marginal tax rates and brackets are unrelated. [/quote] How so? The only idea people seem to have for smoothing it out is to redistribute income from upper earners to lower.[/quote] People are small minded. [b] Wealth redistribution through taxation does not address income inequality. High earners will still earn a lot. Low earners will not.[/b] [/quote] Are you being obtuse on purpose??? Low earners will not care if we go back to the period where top tax bracket is set at 70-90% and they are suddenly getting more out of their tax dollars than upper earners.[/quote]
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