Quote:
Originally Posted by aceventura3
Why not answer the question?
Do you think a person making $2.87 million or more is going to just pay an additional $700,000 in taxes?
If they don't what happens to his plan?
Would the person making $18,891 rather have a $567 refundable tax credit or a job?
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What's with the leading questions?
First, a person making exactly $2.87 million will likely donate some of his or her money, or do some other tax technique, to avoid that higher tax rate.
Also, you're assuming that taxing the wealthy at higher rates automatically means jobs will be lost. What about the jobs created by the middle class' having more disposable income?
Don't you know that the typical millionaire doesn't tend to spend money so much as save it?
Give the middle class more of their money and they tend to spend it.
That's good for the economy.
Again, though, what's with the leading questions? Economics isn't that simple--either/or.