Quote:
Originally Posted by Nebe
Think hard Jim. You can do it. Bad hombres.
I’d heavily tax incomes over 1 million $ per year and impose a CEO pay rate cap. This would force reinvestment and higher payrolls.
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Fine. But unless you tax them at 100% or more, they will still get richer. You don't understand arithmetic. I have an IRA, Bill Gates hs a zillion dollars in the market. If the market goes up 10%, he and I each gain 10%, but his is way larger than mine. Tax him more, he still increased the gap between him and me.
4th grade arithmetic Nebe.
I'm in favor of making capital gains and dividends taxes more progressive than they are. It won't stop the rich from getting richer. You cant stop that, and no earthly reason why you'd want to.