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what these loons don't get is that if the tax rates were as high as they want, the rich would either leave the country of quit working when they hit 250K each year. No one is going to work their ass off to send most of it to the govt so the govt can send it to someone who is sitting on his ass with his hand out asking for free shit.
Where the fuck would they go? Every civilized country taxes the wealthy a LOT higher than we do.
The uncivilized ones, they might pay less in taxes, but they'd probably get kidnapped for huge ransoms, so there's that.
Fact is, under Eisenhower, the top marginal rate was 93%. Then Kennedy cut it to 70%, and the Republicans called him "Irresponsible" when he did it.
Oh, you hit that 93% rate when you made 400,000.
The greedy will not stop being greedy when they have to pay their fair share.