oh gawd no - the rich earner their money, why would you take 60% of it? and if you did? they'd stop giving 250 billion in donations every year (charity) and their companies would raise good/services prices 5X to compensate for the increase in taxes and what you've really done is doom the lower class even MORE
This is a complete fantasy. For the most part, the rich do NOT
"earn their money". For decades now, most of the richest people get richer, not by working (
earning) but by having their money work for them. Moreover, because the rich, by way of their grotesquely disproportionate political influence through campaign contributions, have all but eliminated the inheritance tax, it means that we're approaching a time where inherited wealth alone represents more money than those who actually have earned their money. And those who've inherited their wealth haven't even
"earned" any of it!
As for your
"billions in donations every year" fantasy, the biggest motivation for charitable donations is
tax write offs. That's why those donations are so disproportionately high at the end of the year. If the wealthy were being taxed MORE, then they'd need MORE tax write offs, and the billions in donations to charity would go UP, not
down.
how's that min-wage increase going? with $22 hamburger and fries ? lol ............ and I do mean laugh out loud because Democrats talk wage increases, min wage people take it hook line and sinker, then when they're making $15 an hour to flip burgers they realize the costs of everything has soared and they're just as poor as before
You seem to wallow in misapprehensions. The pursuit of a higher minimum wage is based on the knowledge that people need to make a
living wage. The whole idea of a
minimum wage refers to the
minimum that a person needs to live on. Do you know what the word
minimum means?
About 70% of the 21 million federal aid beneficiaries worked
full time. Should a person with a full time job need federal assistance? Would you rather that taxpayers continue to support those 21 million beneficiaries - or would you prefer that the corporations they work for, which make BILLION$ in PROFIT$, simply pay them a living wage? What makes more sense to you?
And where the hell do you pay $22 for a burger and fries? I live in what is arguably the most expensive city in the country, and anybody can get a burger and fries for less than half that amount. In fact, much less.
Where on earth do you get all your misinformation from?