[quote name='dmaul1114']Taxes on the higher brackets pre-Reagan were much higher than they are now, and the country grew dramatically through the 50s, 60s etc. So taxes stymieing growth, driving the rich to other countries is horseshit as Myke put it, and just a prime example of unfounded conservative rhetoric.
And there's no tax bracket that's near 50%. The highest currently is 35% and that kicks in for making more than $373,651 (single or married filing jointly).
So there's plenty of room for raising taxes. Adding more brackets--should someone making $375K be in the same bracket as someone making $2 million? $10 million? Even at lower levers, the 33% bracket is pretty wide: $171-185-$373,650. So there's room to tweak theses lower brackets and make things like $150k-199,999 33%, $200K-249,999K 34%, $250K-299,99K, 35% and so forth.
Raising taxes doesn't have to mean big increases for any one group.
Also, your math is off in your 100K example as you're entire income isn't taxed at your bracket rate. Currently you're first $8,375 will be taxed at 10%, then $8,376-34,000 at 15% and so on up to the 35% max. So as others have said, bring some facts to your posts, or you're really adding nothing here but being another dolt posting opinions and partisan rhetoric with nothing to back either up.
As for the rhetoric part of your post, I'm not some college kid making peanuts and wanting to tax the evil rich. I'm in my first year out of grad school and will make $65-75K this year. My girlfriend makes even more as she's been working 2 years longer, so we'd 3rd from top bracket if we got married and have a pretty reasonable chance of being in the next bracket in 10 years or so and maybe even the highest if we both really excel.
I'm willing to pay a bit more taxes to sure up the education system and other necessities. I've been successful and have no problem caring more of the burden as I can handle it. A 1-2% increase in my brackets is something I wouldn't even really notice.
And yes cutting wasteful spending is part of it, and needs to happen first. Quit fighting stupid, pointless wars and invest that money domestically. But that alone is only a drop in the bucket and higher taxes will be needed to sure up education, hopefully eventually move to universal health care, and the other things I want to see happen even if it means higher taxes for those of us in the upper half of the tax brackets.[/QUOTE]
You bring some facts to your post, you forgot to add the other taxes.
Also I would like to say that I dont mine paying taxes to help educate or even help low income people. It is the government WASTE that is the problem, you people seem to get that mixed up alot. Conservatives are not against helping the low income people, we want to cut the government waste out. We cannot keep escalating our spending, saying "oh but its needed, it really is" and then not cut any of the other programs that are "needed". Is that so hard to understand?