Quote:
Originally Posted by gasman
I was debating in good faith.
You think that making $2MM/year is too much and that person can/should be taxed more.
What about someone who makes $200K/year? Should they be hit with even higher taxes.
100K? 50K?
I think that line is going to depend on where each individual sits. Everyone will think that those that make more than them have an unreasonably rich lifestyle. So someone has to set the level of what we consider "rich".
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I was using $2M as a hypothetical. I'm not sure where the line should actually be. I'm sure there are accountants and economists who would have more insight into where the line should be.
I think there is also something to be said for removing the amount of influence that rich people can have on policy and society through sheer wealth. Whether you address that through taxation or stronger legislation is up for debate, but I suspect reducing their overall wealth wouldn't hurt.