C’mon, cyphire and Perry, effective marginal tax rates on income for high earners are greater than 40% between Federal, state, and Medicare taxes.
How much is enough for you guys?
Let’s cut spending on stupid stuff, like welfare for illegal aliens, farm subsidies, Medicare and Social Security for folks with wealth or income, etc.
Keep the savings in the hands of individuals. Keep the money out of the hands of government. We’ll all be richer that way.
Why? Because smart, energetic guys like Bill Gates create good, high-paying jobs in growing areas. Dumb government bureaucrats create stupid, non-value added, dead-end jobs such as family counseling in Barrio Logan.
Get over your envy of the rich. Lots of the rich appear to have dolts as offspring: John Kennedy, Jr., flying on a stormy night when he was not instrument qualified, killed himself, his wife, and his promising sister-in-law, resulting in the Kennedys paying out millions (I remember $25MM, though I cannot find a source, now) to the wife/sister-in-law family in settlement for the wrongful death suit: http://edition.cnn.com/2001/LAW/07/12/kennedy.settlement/
Lots of the rich have such dolts for kids that the kids virtually guarantee that the funds will not make it to the third generation.
If who your parents are was truly ‘destiny,’ folks named Washington, Jefferson, Franklin, Hamilton, and Adams would be running the country today. Look around; they are not.
Heck, Billy Ford just lost his job at his family company.
