A 5.4% Surtax During a Recession!?

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[milio35]

"5.4% surtax on people who make more money". Um, yes. On people who make over one million dollars in one tax year (as in, "profit", not including the alleged "investments" they might make in their business that could hire more people, etc.), and only on the money BEYOND $1 million. I have such a hard time figuring out how ANYONE can argue with this. This is the richest 1% of the population of America, who have over 75% of the INCOME (not just the "wealth", which includes savings and investm).

[PayniePaynie]

Dumbest rant of the Youtube today. Congratulations.

[TheClone3000]

@PayniePaynie dumbest comment on Youtube today. congratulations.

[upyr1]

To any one arguing for higher taxes why stop at 5% why not tax them at 100% imamgine how well that will help Buffet keep you down - he won't pay

Next if you bring up how the high the tax rate used to be please note there were a lot more deductions in the past so the real buffet rule may end up raising your taxes while giving Warren buffet a new tax break.

[weslenforever]

We'll give you a tissue to wipe your eyes after crying a river over a poor person getting a free $20 cell phone because they can't pay for a full service land line. Meantime, move to a safer country to hide your coming trust fund from the IRS.

[ZSwierczynski]

Wait wait wait, This is old I know but Canadians coming down here for Healthcare? Maybe for the Leaders but the average Canadian loves their health care.

[lizaheider]

What a moron!!!

[tenrick876]

Why doesn't this idiot move to libya!

[kd453685]

what a selfish douche ugh at a loss for words, that's it.

[GuyMLifshitz]

Lets play a game: If I have 1 million dollars income now, and ignoring the normal tax rate. I could earn an extra million dollars, but if I do so I will have 5% less of me second 1 million dollar, or $50,000 less. Does it make sense to :

A) stop working and only make a million dollars.

B) keep working and make 1.950 million dollars.

If you ask me I am going with option B.

Side note: What does someone do with that much money anyways. How much consumption does one person need.

[TheRoomy]

Wow, you're like a fake character of ignorance or something. I feel like I should be hearing a laugh track as you talk. Oh my god a surtax DURING A RECESSION?!? What will the people who make over 1 million dollars every single year do with a small tax increase that brings their taxes not even CLOSE to what the highest tax rate has been for the super-rich?! They might have to not buy their new private jet, oh god no. Oh wait, with the surtax it's still not where taxes should be on the rich.

[jackalopehunter]

Trickle-down economics is just a metaphor for the rich pissing all over you.