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Reply to "Democrats getting a lesson in Economics 101"
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[quote=Anonymous][quote=Anonymous]Are you willing to pay in taxes 60% of income over $70,000?[/quote] Why? This is a stupid question. How about we just apply a marginal tax to income over $1 million or maybe $2 million at 60% and apply a wealth tax of 1% annually to anyone with net assets over $500 million. And while we're at it, we eliminate the cap on social security taxes to make sure it's fully funded while ring fencing contributions so Congress can't dip into them going forward.[/quote]
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