Peter, Not at all. First, at the lower levels it would effect families making above about $100K and I would suggest rates comparable with current income taxes and they would only be taxed on the amount in excess of the cap. As for the top 7% of earners who earn about 30% of all income I would suggest that they either produce for the love of it or money is a means of keeping score. Do you think Bill Gates would stop working if his tax rate increased? Would Steven King stop writing?
We had to pass a constitutional amendment to allow an income tax at all. The only way that amendment could pass is if it was clearly understood to be as measure to fuck the rich. Incomer disparity between the richest and poorest citizens is a serious social matter that has been worsening since the '70. How average citizens like yourself got sold on the idea that the rich are deserving of our sympathy and nurturing is a mystery to me. Krimel -----Original Message----- From: Peter Corteen [mailto:[EMAIL PROTECTED] Sent: Friday, January 04, 2008 4:50 AM To: [EMAIL PROTECTED] Subject: Re: [MD] Krimel's Manifesto - A first draft Hi Krimel, I'm not a political animal but... don't you think that with > > 4. Income tax only on the top 20% of incomes. > you will remove the incentive to earn more and innovation will suffer, you don't want to halt technological advances do you? -Peter Moq_Discuss mailing list Listinfo, Unsubscribing etc. http://lists.moqtalk.org/listinfo.cgi/moq_discuss-moqtalk.org Archives: http://lists.moqtalk.org/pipermail/moq_discuss-moqtalk.org/ http://moq.org.uk/pipermail/moq_discuss_archive/ Moq_Discuss mailing list Listinfo, Unsubscribing etc. http://lists.moqtalk.org/listinfo.cgi/moq_discuss-moqtalk.org Archives: http://lists.moqtalk.org/pipermail/moq_discuss-moqtalk.org/ http://moq.org.uk/pipermail/moq_discuss_archive/
