It is about fairness. If you want a progressive system then my
cheeseburger should cost $2 and your cheeseburger schould cost $6. My
house should cost $250K and your house, exactly the same and right next
door to mine, should cost $2M. And, the car I paid $20K for should cost
you $100K. You have the money and you can afford to pay more for these
things so you should. Just take all the money over what I pay as a tax.
Just think when you go to the grocery store there are no prices on
items. But, when you get to the checkout counter and all of your items
have been scanned, you enter your SSN, and the computer figures out what
you can afford to pay and charges you that amount.
Dildo-brain. Have you read any of the reports that show the wealthy
gaining ground while the middle and lower income groups are losing
ground?
Is that what you'd call fair?
Individual income over $250000 should be federally taxed at a rate of 49%.
For couples who file jointly, if one of the pair has income over
$250,000, there should be a surtax that taxes *that* income over
$250,000 at the 49% rate.