By using this site, you agree to our Privacy Policy and our Terms of Use. Close
kain_kusanagi said:
binary solo said:
I think anyone earning over $1 million Euros per year can afford to pay 75% tax ON EARNINGS OVER $1 million Euros without it affecting their lifestyle in any real way.

However, I do believe that no matter how many dollars you earn a majority of every earned dollar should go into your pocket. i.e. I think governments should discipline themselves such that their budget can be met with a top income tax rate substantially below 50%. If you have to tax anyone above 50% then you're doing something wrong.


What?

You think it's ok to take 75% of someone's earnings? You then go on to say 50% is still reasonable. I suppose you think the state knows how to spend people's money better then they do?

At 75% 1,000,000 would become 250,000

That's a big difference.

If you earned that money I think you would want to spend it on what you want instead of losing 75% of it to taxes. Even 50% is far too much.

I mean, wouldn't a tax system and spending system that requires 10% of everyone with no loopholes be fair and work a lot better? It's just as unfair to make the rich pay more as it is to give the lazy free money.

I think you dont see the problem here. Its highly questionable why anyone earns more than 100k a month or even 10k.  He just got there because of connections or because he keeps the money for himself and the people that work for his company get minimum wage or whatever.


There is no person in the world that deserves more than 10k a month.   Why do you think people get 10k or more a month? They do it because they decide that they get 10k and they also decide that the average joe  gets just enough to survive and keep working without having enough to do what they want.

IMHO 90% tax on people that earn 100k or more would be at least fair.  OR  make your workers get more money and dont be such a f*cking greedy boss.