What Should The Maximum Federal Income Tax Rate Be?

Since many are posting about "fair share" in terms of paying in taxes, what do you think the maximum federal income tax should be?

Feel free to be specific as to whether this rate would apply to the poor, the middle class, the rich (e.g. $250,000+), or the "elite", whomever that may be.

The poll is just a guideline; be more specific in the thread if you wish.


EDIT: Keep in mind that due to a lack of celery, this poll is to be labeled as unscientific.

Donut

I have voted the same comical answer in this poll as I did the last time it was asked.

no 200% option?

Quote from redmaxx : I have voted the same comical answer in this poll as I did the last time it was asked.

But seriously, you said in another thread that the "elite" don't pay their fair share; perhaps you could elaborate in this thread

Quote from paperboy05 :

Well there was no "pay in celery" this time either!

Quote from redmaxx : Well there was no "pay in celery" this time either!

Farking celery option

****Spoiler Alert*****


Most of people who complain that the "rich don't pay enough", won't respond to this poll, except with comedy/celery/ etc.

Depends, I could go with anything between 30 and 39 for the highest bracket depending on the specifics, how much there are in terms of deductions, & what's needed to balance the budget. TBH, I'd rather see a flat progressive tax, as in tax brackets based on gross income, but everyone in the same bracket pays the same percentage, regardless of circumstances. The fewer deductions allowed, the lower the percentage that's on the books for any particular tax bracket should be. I'm not entirely sure how all the specifics work out.

On the other side of the equation, we could cut spending somewhat, in the areas of pentagon (like the single engine jet, that Congress was going to allocate 2 engines per jet for), Medicare, Medicaid.

No celery option, no validity to the poll.
Game over.
Try again.

110%, to start recouping some of the losses those tax cheating rich bastards have gotten away with for decades.

Quote from Terrell : Depends, I could go with anything between 30 and 39 for the highest bracket depending on the specifics, how much there are in terms of deductions, & what's needed to balance the budget. TBH, I'd rather see a flat progressive tax, as in tax brackets based on gross income, but everyone in the same bracket pays the same percentage, regardless of circumstances. The fewer deductions allowed, the lower the percentage that's on the books for any particular tax bracket should be.

Exactly.

Quote from Anonymouse : 110%, to start recouping some of the losses those tax cheating rich bastards have gotten away with for decades.

At least we can depend on 'mouse to tell the truth about what he'd like to see.

What level would the 110% kick in at 'mouse?

Quote from hsjpatman : Donut

We got by for well over 100 years without taxing income. Anyone who answers otherwise is just relinquishing themselves to slavery.

Quote from Elmer : Exactly. At least we can depend on 'mouse to tell the truth about what he'd like to see. What level would the 110% kick in at 'mouse?

NET annual income of $5M or more - I can't present myself as an expert on what level is should start at but there SHOULD be SOME level set.
Take all the deductions you want but at some point an AMT means test for investors and loophole tax dodgers HAS to kick in and an AMT HAS to be paid.

Quote from Elmer : ****Spoiler Alert***** Most of people who complain that the "rich don't pay enough", won't respond to this poll, except with comedy/celery/ etc.

Wrong.





















Again.


























As usual.