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In reply to the discussion: France: President calls for 75% tax rate for rich [View all]Ganja Ninja
(15,953 posts)35. I think a 90 % tax rate for the next 5 years on the super rich plus ...
a wealth tax on all assets at home or abroad and a inheritance tax that reduces their heirs from billionaires to millionaires is what we need. The super rich have declared an economic war on America and we need to make sure they lose and lose so bad that they never try it again.
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Hollande should consider lowering the threshold to $500k/yr. That would put a good dent in deficits.
JaneyVee
Aug 2012
#1
That is wrong also. The fairest tax system is a percentage, where everyone pays let's say 10%
still_one
Aug 2012
#2
You didn't read my post, I said low income don't pay taxes, you have to make a certain amount before
still_one
Aug 2012
#5
it is a start, and then get out of all the trillion dollar wars,would be another start.
still_one
Aug 2012
#14
It would be better than what we have now, we have a reverse progressive tax right now.
stevenleser
Aug 2012
#36
It's a scam. It sounds good, and it is very good for the rich but is debilitating for everyone else.
geckosfeet
Aug 2012
#19
why not. You make x dollars you pay a percentage. no loopholes except low income people do not pay
still_one
Aug 2012
#32
Higher taxes in Europe are an integral part of their social democracy model that
pampango
Aug 2012
#34