Fourteen Ways a 90 Percent Top Tax Rate Fixes Our Economy and Our Country
May 6th, 2010
14)
Finally,
for good measure,
increasing top tax rates will
cause those affected to work harder
to make up the difference. The Ayn Randians
claim the very rich are the “producers” and all the rest
of us are just parasites and slackers who feed off their “work.”
So, it will be very good for our economy to get them working harder by
taxing them at 90 percent! You may have heard about those 25 hedge fund managers
who brought in an average of $1 billion each last year – an amount that would have
paid for 658,000 teachers – while the rest of the country suffered through
a terrible economy. If we had a top tax rate of 90 percent, they
would “only” take home $100 million or so each –
in a single year. And we could have
658,000 more teachers.
So, it’s a win-win.
