The lower rate the "rich" pay is on monies made from investments.End welfare for the wealthy.
Pass the Buffett Rule.
Why should the idle rich, who don't work, pay taxes at a lower rate than people who do work?
The money they spent on those investments was, originally, what was left after paying their income taxes.
They have paid the higher rates, the medium rates, AND the lower rates.
They "worked" to get to where they're at.
Contrary to popular belief the majority of "rich" people weren't just given their money. They didn't inherit it. They didn't win the lottery.
They....get this, Chris.....they EARNED it.
They made good life choices and worked hard.
You would reward hard work and ingenuity by forcing them to hand over 90% of their earned wealth.
Hell, these other countries with socialized medicine that Goose referred to only tax 40-45 percent of income to support their programs.
Jealousy
Envy
Class Warfare
Divisiveness
Re-distribution
period
Why should the idle rich, who DON'T WORK, pay taxes at a lower rate than people who DO WORK?