bytor2112 Posted July 17, 2008 Report Posted July 17, 2008 We have a progressive tax in the US. You are taxed at different rates as you earn higher income. Top marginal tax rate is 35%. The tax rates begin at 10%. Under Clinton the lowest rate was 15% and the highest was 39%. Quote
palantir Posted July 17, 2008 Report Posted July 17, 2008 And it is just one of the ten planks of the Communist Manifesto that modern governments have implemented.... Quote
DanielNicolai Posted July 17, 2008 Report Posted July 17, 2008 No need to fear on this anymore. It turns out that all of those Rich people had their money in banks and mortgages and such, so their money is going to dissapear pretty soon. With the housing market crashing the way it is with no signs of return to even standards of 10 years ago, the rich are soon going to be poor, the middle class will stay around the same spot (those that keep their jobs anyway) and the poor will probably be homeless. Woohoo! This may be the first complete Depression caused by the people of a country instead of it's leaders, although they aren't helping either. Of course our money is based on wishful thinking, so there is that too. Quote
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