Reply #21: Eh, but you run up against the question of individual desires vs. society's needs. [View All]

[Selatius]

It's not a black or white issue. According to the Laffer Curve, there is a marginal taxation "sweet spot," but that's dependent upon each individual's definition of the "right" tax rates. You think 95 percent is too high, but someone else might be fine with that because if he ever made so much money that he was in such a tax bracket, he'd already make enough in just one year to last a lifetime. Then we also must address larger societal needs, such as funding for public education and health care and infrastructure repair/maintenance or paying off the 9 trillion dollar national debt.