Reply #24: No, tax rate should never be higher than 49%

[question everything]

Why would anyone wants to earn a living if one keeps less of every dollar? Yes, even if one makes a couple of millions.

But we should keep the Estate Tax, except on small businesses and family farms.

As for lower tax rate on investments, I think that this should hold for, say, the first $100,000, or so. Above that, back to regular rates.

With our current system, we are generating a distinct class of people who, since their income does not come from a paycheck, do not pay Social Security and Medicare taxes - often higher than income taxes - and then enjoy a lower tax rate on their source of income: capital gains and dividends.