[quote name='Knoell']Who said anything about trickle down economics? I am simple stating that you believe rich people contribute nothing to the economy, so their money will be better spent in the governments hands. I believe the government should have as little control over any of our money as possible except where necessary. Which would have to equal less spending.
I can only imagine how pissed I would be if I was rich, made $750,000 a year. Only to have the government come in and take $240,000 of it because they "feel we should have to pay more". But better yet, be condemned as evil by the public because I make so much but am pissed when the government wants to take eveeeen more, because "us rich people have to pay our share".
I am sorry but my "poorer" share of 30,000 is 4,000 dollars. Their share of $750,000 is $240,000 dollars. I kiiiiinda think their "fair" share is covered.
Edit Some of you even believe people who make over the highest tax bracket should be taxed at 90%.
Not to mention the bush tax cuts cover cuts to lower brackets than the highest one.
http://en.wikipedia.org/wiki/Jobs_an...on_Act_of_2003
Cut the god damn spending already.[/QUOTE]
Just speaking for myself, I would be fine with extending all tax cuts for 99% of people.
Tax cuts for the top 1% should be rolled back, and there's nothing socialistic about that. Rolling taxes from 35% to 38.6% is not socialism.