If you think of taxes as pitchfork insurance, or think of the government's

primary duty as being the protection of the rule of law and (therefore) protection of our individual security in our possessions, then it follows that those with great wealth, or even marginally greater wealth by-- let's say -- two or three standard deviations from the mean, are getting much more from "government" than those with little or nothing to protect.

And should accordingly pay much much more. As they do.

There is also the issue of focussing too intently on 1040 income vs wealth, when we start talking about the truly wealthy, but that's another day's topic.

IMO the general structure is appropriate but that doesn't mean it couldn't use some tweaking, and most of that tweaking IMO should be in the area of taking, yes, horrible as it might sound, a greater amount from the top one percent.

(and progressively more within that top one percent as the taxpayer moves from the 99.1 percentile to the 99.99 percentile.)

(In response to this post by BocaHoo91)

Posted: 01/10/2023 at 6:59PM

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How do you view taxation? -- Newt 01/10/2023 5:16PM

15-20 percent (or less) for billionaires is not fair when I pay 37% -- HoodatB 01/10/2023 6:25PM

37% is your marginal rate? ** -- Hokieesith 01/10/2023 8:29PM

It's most likely more than that if his marginal federal income tax rate is -- BocaHoo91 01/11/2023 09:29AM

The carried interest loophole is total bullshitt -- BocaHoo91 01/10/2023 7:12PM

I don't think Ms. Luna is very bright, perhaps she was just being -- Capital City Hoo 01/10/2023 6:14PM

Dumber than a bag of rocks as the saying goes. ** -- Shenhoo 01/10/2023 6:41PM

Government provides roads and bridges, airports, defense, -- 111Balz 01/10/2023 6:00PM

If you want to have a country, it's necessary. Death and taxes, man. People -- Seattle .Hoo 01/10/2023 5:54PM

My view is that Anna is a preening idiot. ** -- SixerHoo 01/10/2023 5:52PM

Necessary for civilized society. Should be progressive but -- BocaHoo91 01/10/2023 5:45PM

I red heer it fixes inflation and makes people eekwal.** -- ResistHoo 01/10/2023 5:30PM

Corporate tax cuts are the short-term solution to inflation ** -- Capital City Hoo 01/10/2023 6:15PM

^^^ It doesn’t fix stoopid. ** -- WaxHoo 01/10/2023 6:08PM

^^^^ Definitely not eekwal ^^^^ ** -- ResistHoo 01/10/2023 6:17PM

I pay more so the rich and corporations can pay less, that's my view ** -- Brown Water 01/10/2023 5:27PM

Everyone thinks the rich don’t pay much in taxes and yet -- BocaHoo91 01/10/2023 5:38PM

That may point to a different issue than the one you cite it as proof of... ** -- southdenverhoo 01/10/2023 6:48PM

Now do %s of income ** -- HoodatB 01/10/2023 6:26PM

About half as disproportionate. -- BocaHoo91 01/11/2023 09:28AM

Or, even more to the point, as a % of discretionary pretax income ** -- TomGlansAski 01/10/2023 6:50PM

I’m sure you’re right. -- fphoo 01/10/2023 6:02PM

The "I'm just following the rules" mantra these guys use is completely -- Plano Hoo 01/10/2023 6:05PM

Whats the other side? Don’t they earn even more? ** -- Lazarus 01/10/2023 5:43PM

They earn more, but the tax share of high earners is -- BocaHoo91 01/10/2023 5:46PM

If you think of taxes as pitchfork insurance, or think of the government's -- southdenverhoo 01/10/2023 6:59PM

But their tax, as a percentage of their disposable income, is far lower -- 111Balz 01/10/2023 6:03PM

But is income the right metric? If Elon Musk takes a salary of $100 and -- 81_Hokie 01/10/2023 5:57PM

We must render unto Caesar what is Caesar's...to a point...and for most -- Tuckahokie 01/10/2023 5:26PM

Some of them openly state they don’t see the need for taxes if we can -- TomGlansAski 01/10/2023 5:24PM

While at the same time they want to default on what they borrow. Morons. ** -- Seattle .Hoo 01/10/2023 5:56PM

Taxation is absolutely necessary. -- hooinblueville 01/10/2023 5:23PM

Efficiency is the question. That's where most people have their concerns. -- Blah 01/10/2023 5:26PM