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**usacomm** · 09-11-2011, 07:18 PM

hahahhaha.. Are you talking about the upper 2% of the hyper wealthy?

That's WEALTH.. They don't pay income taxes, and even if you took all their income it wouldn't be enough.

Not what I am saying...everyone below the 30% tax bracket got a 'cut" BELOW then CPI,,,in others words, a net LOSS

What was need if we insist on keeping the self defeating INCOME tax.......is to exempt the first 40k...and have four brackets

40%

30%

20%

10%

Increase the buying power of people who earn between 40,001 and 200K by 8 to 14%.,,,bring those who earn 200K ormore back up to pre 2001 levels..and watch the economy take off

09-11-2011, 07:18 PM	#14
usacomm Join Date Oct 2005 Posts 554 Senior Member	hahahhaha.. Are you talking about the upper 2% of the hyper wealthy? That's WEALTH.. They don't pay income taxes, and even if you took all their income it wouldn't be enough. Not what I am saying...everyone below the 30% tax bracket got a 'cut" BELOW then CPI,,,in others words, a net LOSS What was need if we insist on keeping the self defeating INCOME tax.......is to exempt the first 40k...and have four brackets 40% 30% 20% 10% Increase the buying power of people who earn between 40,001 and 200K by 8 to 14%.,,,bring those who earn 200K ormore back up to pre 2001 levels..and watch the economy take off
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