It's called "progressive" taxation, Max.


"Maxprop" wrote
Which is clearly a failure in concept as applied to the wealthy. The rich
are greedy, not stupid, and they have the means to avoid excessive
taxation.


Or indeed, any taxation they can be it paltry, fair, or
"excessive."

To many wealthy people, *any* tax seems confiscatory and
excessive.


Gilligan wrote:
Why is it greedy to want to keep what you have earned?


Why is it not considered greedy to get other people to work
and take profit from their labor? Is that not a tax upon the
laborers?





Can we presume that you are not in favor of a flat tax? g



We've already bankrupted the gov't with various fiscal stupidity.


Seems to work for a number of Balkan and European countries,

Which have vastly different tax structures including a VAT tax.

Are you in favor of a federally imposed VAT tax?

not to
mention states like Indiana, Illinois, Michigan, Massachusetts, and
Pennsylvania. Indiana has a balanced budget, by the way.

Great. I'm sure they don't tax anything else, either.


But I see you point, Doug. It would be impossible to 'stick it to the
rich' without a progressive (punitive) tax. It's just not fair that
they're rich and you're not.


I am rich. OTOH I am not of that arrogant & stupid ilk who
think that any progressive tax is "punitive." This goes a
long way to convince anybody reading this thread that a flat
tax is indeed skewed towards the rich and appeals mostly to
those who are greedy & selfish.

Just think of it as hush money to keep the starving masses
from becoming so enraged at their lot in life (as compared
to yours) that they riot and burn your house down.



Gilligan wrote:
Stick it to the rich and they shall go elsewhere. The US is not the only
propserous place in the world.


Being rich is just a symptom of workaholism. Any fool can go out and earn
tons of money. Not any fool can go out and live life well.


It's true that lots of fools are rich, but it's not true
that *every* fool is. If we are going to appeal to logic,
then let's use accurate logic.

DSK