Quote:
Originally Posted by DanaC
I also think the highest rate of income tax is too low. Not to say I want to go back to the old 'supertax' days. I don't care if you're earning billions, there is no justification for taxing 90% of any portion of it. But I think 60% on the highest portion for the highest earnings bracket is fair.
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Yikes! 60% plus the VAT? That would never fly here. You will get tax evasion at rates like that. Different countries...
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If you would only recognize that life is hard, things would be so much easier for you.
- Louis D. Brandeis
Last edited by Griff; 08-15-2011 at 02:47 PM.
Reason: We did see high rates to pay for WWII though.
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08-15-2011, 02:45 PM
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