weak Obama proposal

[zimmy]

Originally Posted by mosholu

For the sake of discussion at what point should higher rates kick in if not 250k. If it is not 250 should it be 300 or 500? I personally find it offensive that the tax rates stop increasing at a certain point. I have read a lot of articles that point to the higher concentration of wealth in the top 1% of the country. I think that it is only fair that these people have a higher rate of tax as their income goes higher especially given the crisis we are facing.

I would be in favor of a higher starting point than 250000 since it really isn't that much many places. 350,000 would be my vote, but again I would defer to economists who know a heck of alot more about what drives the economy.