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Originally Posted by sob
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.
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I understand what you are saying, but you accusing me or the idea of trying to find a fair tax rate ALL can live with, is the same as those who argue that the welfare system needs fixed but THEY don't see a problem with their corporate welfare, and tax loopholes.
I just feel if you ask one side to sacrifice something THEN FOR THE BETTERMENT OF ALL the other side must sacrifice or make concessions also.
Just as you see the taxes being thrown around and it being "arbitrary", I see the same from the other side.
I believe FREEDOM AND OUR SOCIETY needs compromise and sacrifice from both sides. And I believe the reason we are in such problems is the fact we have lost sight of compromise and sacrifice and we have 2 sides demanding their way is the only way, neither wants to compromise and neither is willing to sacrifice.
This is a great idea and thread and I applaud KMA for doing it. It does allow us too see what drives the other side and perhaps as a whole we can find compromise and sacrifice.