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Post by NOTTHOR on Oct 28, 2008 7:58:57 GMT -6
Bince the Obama tax proposal hits firmly in the middle class, I think we should retain the current tax code with one addition. I call it the playa hater bracket. Basically, bince proles have problems with anyone making more money than they do, I offer a compromise, whereby everyone gets together to become a collective player hater. The playa hater bracket would be 50% and it would kick in at $3 million.
Think of who it would hit - pro athletes, CEOs and CFOs, a limited subset of entrepreneurs, who could then opt for c corp treatment and keep the cash in their business if they wanted to get a lower rate, lotto winners, greasy plaintiff's lawyers, very senior lawyers in white shoe firms, investment bankers, traders, etc. I think it's okay to be a player hater against those groups, and I could sign on to a tax like that.
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Post by NOTTHOR on Oct 28, 2008 17:21:23 GMT -6
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Post by twinegarden on Oct 28, 2008 17:39:04 GMT -6
Now we are making some progress.
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