taxation

[TheMercenary]

Originally Posted by classicman

I really don't think that's feasible.
You do realize that there are only 124,647 filers with incomes over $500,000.
If you add in those over $200,000 it totals 1,223,244 filers as compared to 68,400,596 of those under $200,000.
(figures from 2008)
Adjusting the rates on just over a million filers... I don't see where there are enough of them.

Wait now, are you saying that if we take all the money from the "Rich" and tax them on 99% of their income we couldn't balance the budget? That's not what President Zero is telling us...