Lets Tax The Shit out of the Rich.

Interesting post, but not sure what you mean by "don't need that much money"... our social safety net expenditures are quite high at the moment. But, meeting in 15 mins, so I'll have to look at this later.

 

You are right. But I think the burden has has also shifted more on small corporations as large corporations make use of loop holes.

<img src="http://www.taxpolicycenter.org/briefing-book/background/numbers/images/Numbers_Figure-2_What-are-federal-govt-sources-of-revenue_1.gif">

http://www.taxpolicycenter.org/briefing-book/background/numbers/revenue.cfm

 

Absolutely. Small businesses can't hide overseas. They also don't get all the loop holes. And if you are a democrat, you believe small business is just a code word for rich guy trying to get away from paying taxes.

 

According to who exactly?

 

Bravo!

 

Yes, MUCH higher than they should ever been allowed to get to.

 

And what's your marginal tax rate in Bizarro World?

 

He heard his messiah, Obama, say it.

 

Larry Kudlow said it. Larry is my hero. He's the coolest.

 

plot the upper tax bracket % versus the national debt. Notice what happens to both after 1980.