[lbo-talk] Tuff Lib'rul

Luke Weiger lweiger at umich.edu
Fri Jan 30 13:54:04 PST 2004


From: "Jordan Hayes" <jmhayes at j-o-r-d-a-n.com>


> Luke Weiger <lweiger at umich.edu> writes:
>
> > I'd imagine much higher rates on any income earned in
> > excess of $150,000 would go a long way towards providing
> > the money needed by the public sector.
>
> This part of the tax curve is already plenty progressive.

Don't know why you would say that. I believe that maximum federal income tax rate is now around 35%--which I think is exceptionally low by first world standards (though I'm sure there are outliers).

-- Luke



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