Taxing Rush Limbaugh at 50% would still leave him $20 million dollars a year.

[pwb]

And the Republicans want us to feel for him and people like him.? Give me a break. There in lies the problem for the Republicans, people like Limbaugh still have way more than they need left over even after a tax increase.
A Google search suggests Limbaugh makes between 2 and 3 million a month.
No one is suggesting a 50% tax bracket for the wealthy, I just used that rate to make it simple for the trolls.

PEACE

[CreekDog]

1. mmmm, that would buy a lot of Ding Dongs

I mean, will buy. :rofl:

[leveymg]

2. Taxing him 90 percent would leave him $ 2 million, which is still too much.

[SDuderstadt]

5. No one should be taxed at...

90%.

That is ludicrous.

[texastoast]

15. Check this out

1945: 94% tax on income over $200,000 – absolutely astounding. It stayed over 90% until 1964 when it was lowered to 77% and had been consistently falling until …


http://www.bargaineering.com/articles/a-look-at-historical-federal-tax-brackets.html

http://en.wikipedia.org/wiki/Revenue_Act_of_1945

That's how you pay for a war.

[SDuderstadt]

18. I stand...

by what I said.

[leveymg]

23. And, Rush really should pay for the last five or six wars. 94% sounds about right.

[SDuderstadt]

24. Good luck getting that...

through.

[Name removed]

30. Deleted message

Message removed by moderator. Click here to review the message board rules.

[damntexdem]

6. No, it would leave him with $4 million.

So we need to tax him at 95% to leave him with $2M. Now when was 95% the highest tax rate?

[fascisthunter]

3. poor poor greedy man

what circle of hell in Dante's Inferno was intended for greed and gluttony?

[texastoast]

14. It doesn't sound very pretty

"Dante wakes up and finds himself in a stinking rain and hailstorm, deep in filth and muck. It is the circle of the gluttons and is guarded by the three-headed beast, Cerebrus. Virgil scoops up muck from the ground and throws it to Cerebrus to eat, allowing them to pass. The souls in this circle spend eternity wallowing and eating the disgusting slime they live in, again experiencing punishment imitating their gluttonous sins on earth."

http://davelafferty.com/2008/05/04/the-gluttons/

[bullwinkle428]

4. Depending on what level the bracket begins, he will still have

over $20 million per year.

[Laf.La.Dem.]

7. You guys are pigs!!!

You heartless bastards - who would pay for his Viagra or his oxycontin?

[SDuderstadt]

8. Your OP demonstrates that...

you do not understand the difference between marginal and effective rates of taxation.

[pwb]

10. So explain it to us.

i do not type well so i kept it short, most people get my point.

[SDuderstadt]

12. Your OP assumes he would be taxed at...

50% on all his income. In actuality, he would be taxed at the same marginal rates for the first so much of his income, the next part would be taxed at the second marginal rate, etc.

[brewens]

9. Still leaving him enough to afford all the peasant houseboys and

Viagra he wants.

[Brother Buzz]

11. How would he possibly feed his trusted steed?

[Faygo Kid]

13. Unfortunately, he would spend the extra money on this kind of decorating. . . .

Bad, bad, bad. Where's HGTV's "Design Stars" when they're truly needed? http://www.huffingtonpost.com/2010/03/02/rush-limbaughs-penthouse_n_483065.html#s71946

[Wounded Bear]

16. We need to bring back the upper tax brackets that Reagan nixed.....

That way, Rush could pay 90% on everything over $10 mill or so.

:)

[valerief]

17. Yeah, but be fair. It's ONLY 20 million a year. nt

[TheCowsCameHome]

19. That's still enough for a lot of Oxy's

He has nothing to gripe about.

[hobbit709]

20. That's about 25 million too much for what he's worth in my book

[ThomWV]

21. So, its legally quite possible to make a million a week spreading filth and lies.

Amazing when you think about it. Nearly a million a week.

[harrose]

22. I think we need a conservative tax

... of about 100%. Tax anyone who isn't a progressive 100% of their income. That'll get rid of the ReThugs fast enough.

[SDuderstadt]

25. That is nonsense n/t

[harrose]

26. The idea...

...is to disincentivize behavior that we want to discourage. If we want to make sure that people aren't conservative rethugs, we should make it (financially) painful for them.

[SDuderstadt]

28. And what objective standard would you employ to...

determine that someone is a "conservative rethug"?

People have a right to be "conservative rethugs" if they want. And we have every right to oppose them.

Your "idea" is unworkable and unconstitutional.

[treestar]

27. Well you see he's a wealth producer and job creator and

deserves all that money! :sarcasm:

He could invest in a business and hire so many people that the unemployment rate would be 0! Oh wait, he hasn't done that recently, has he?

[DainBramaged]

29. His clock is ticking , the day will come when his money is useless

[HopeHoops]

31. Almost enough to pay for his oxycontin!