Quote:
|
Originally Posted by pan6467
BUT, I would say get rid of corporate welfare, loopholes and deductions for those making over $1 million and severely cut aid to other countries.
|
I see suggestions such as your $1 million limit a lot, but I usually don't see anyone considering that:
1. That number is completely arbitrary. There's no reason you can give for it, and even if you could, people would simply make sure they earned $999,999.99, and you couldn't blame them.
2. The alternative minimum tax is a great example of what happens when you try to do such things. Intended to punish people for being rich, it now ensnares a policeman married to a nurse, at least in California.