andrew.kimmel@gmail.com
Kamala’s first 24 hours: $1.5 million Klobuchar’s first 48 hours $1 million Warren’s first 24 hours: $300K Bernie’s first 12 hours: $3.3 million
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70% tax. You can do that now, you know. Go ahead, I dare you to give the government 70% of your pay.
Glenn, that is incorrect. A marginal tax rate would tax 70% on anything ABOVE $10 million. Do you make more than $10 million? If not, this wouldn’t affect you.
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Who gets hit after that money runs out?
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It's incredible how those that aren't millionaires/billionaires are fighting for the rights of millionaires/billionaires.
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Wouldn't this stifle progress? What of Google, amazon, apple, etc had to pay 70% of their income in tax? Where does that leave profits to re invest and push technologies further? I don't see Denmark, Sweden and Norway on the leading edge of tech.
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They ARE on the leading edge of particle board furniture...
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Glen was referring to Sweden's 70% tax rate and by the way they do not have a socialist government
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Ohhhh so that makes it better! You don’t have to pay it so ... free stuff! I’d have *slightly* more respect for these grubby-handed lefties if they proposed 70% across the board for their wacky programs. But they get their support from those who want other peoples’ money.
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Let's apply the 70% marginal tax rate to campaigns that raise over 10 Million dollars. Wait ... wait ... I know ..... you didn't mean Bernie's money ... you meant everybody else's money.
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That's not Bernie's personal funds, that's his Foundation. That being said, organisations evading their due tax in America is a common problem that needs addressing. I think we'd be proud to see Bernie leading by example.
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