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Would you support a more progressive tax system? [View All]

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ProSense Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-30-11 01:23 AM
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Poll question: Would you support a more progressive tax system?
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Could you support either of these proposals?

Proposal A

50,000 to $90,000 (cut to 10 percent)
$90,000 to $150,000 (cut to 20 percent)
$150,000 to $250,000 (cut to 30 percent)
$250,000 to $500,000 (increase to 40 percent)
$500,000 to $5 million (increase to 50 percent)
$5 million plus (increase to 60 percent)
Tax capital gains the same as ordinary income

Source

Proposal B (variation)

50,000 to $90,000 (cut to 10 percent)
$90,000 to $150,000 (cut to 20 percent)
$150,000 to $250,000 (cut to 30 percent)
$250,000 to $500,000 (no change)
$500,000 to $1 million (increase to 45 percent)
$1 million to $5 million (increase to 50 percent)
$5 million plus (increase to 60 percent)
Tax capital gains the same as ordinary income
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