Quote:
Originally Posted by Jim in CT
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.
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So if taxing the rich more will not prevent them from accumulating more wealth what’s the problem with generating more tax revenue to invest in things like infrastructure and education that benefit all Americans and make our country stronger?
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