boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
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i don't think someone earning $250k a year should be in the tax bracket for the ''wealthiest''.....that i am certain about....
the very top tax bracket should begin much higher than a 250k a year earner....
the top bracket in taxes should probably start at a couple of million a year in earnings....someone making 250k should be about 3 down from the highest bracket, imho.
The original top tax bracket (there were only 2) in 1913 was set at $11 Million Dollars in 2010 constant dollars. And the rate at that level was 7%.
Which illustrates the real goal of tax policy: to tax the broad middle class (lower, middle, and upper).