Do you support "scrap the cap" if you make over $118,500, the current cap?

[TexasBushwhacker]

58. Actually, if they donate stock or art, they get a deduction

for they value at the time of the transfer, not the amount they paid for it.

I understand that the wealthy have a heavy tax burden. But it's disengenuous to say they don't get benefits that ONLY the wealthy get.

The social security system is Old Age, Survivors and Disabled Insurance. A civil society in the wealthiest country in the world doesn't allow its senior citizens, widows and orphans and disabled persons to live on the street and starve. We have INSURANCE for that. Just like auto insurance, you receive a benefit by simply knowing that if you die pennyless, your widow and/or children will still be taken care of. If you become disabled, even if you don't have other insurance, you will at least get SSI or SSDI and if you love long enough, you will receive benefits in your old age.

Think about car and homeowner's insurance. You hope you never have to make a claim, right? By the fact that you have insurance, you have the peace of mind of knowing that if an accident or a fire happens, it won't be a financial catastrophe as well. You hope you will never have to have a claim and I hope you don't bitch about your neighbor receiving a big check if they total their car.

I have no problem with paying high earners more to a point. But giving more money to those who have plenty already makes as much sense as subsidizing oil companies when they're making record profits. When resources are limited, we should spend more on those who have less first.