Re:Sweden Has a 70 Percent Tax Rate and It Is Fine
by flapjackfritz on Saturday January 05, 2019 @10:05PM
(#18836284)
The moral implications are important. That's why it's a marginal rate being proposed in the USA, only on income over 10 million.
Taxing higher rates on much higher income amount is morally better than taxing that same rate on a lower income.
This is because of the impact it has on the earners well being. Income after 10 million has a much lower impact on that persons well being than say, their first 1 million.
Taxing higher rates on much higher income amount is morally better than taxing that same rate on a lower income.
This is because of the impact it has on the earners well being. Income after 10 million has a much lower impact on that persons well being than say, their first 1 million.