Progressive Taxation Act (Failed)

[Lief 🗽]

I would prefer a rate of 99% for this bracket, but 70% is fine as well. This bill has my support.

[Lief 🗽]

Whether you're an economic progressive or not, you can agree with me when I say that this bill ought to be either shot dead in it's tracks or amended.

Not really, no.

-An economic progressive

[Lief 🗽]

There's very little evidence that high marginal tax rates disincentive success. Some of the countries with the highest amount of entrepreneurs (i.e. people who want to start successful businesses) have very high tax rates. Business people don't think like accountants.

[Lief 🗽]

Aye