Nah if you adopt a slightly different 999 rate due to the severity of the problem it would fix the problem.
No taxes on the first 18 000 on anyone. 9% tax on net earnings from 18k-50k 18% tax on earnings between 50k-100k 27% tax 100k-150k and so on until you get to a 99% tax on everything above 750k. This would be individual not corporate earnings and it would solve the problem!
Really? How would this solve the unemployment problem?
See reply #7.
By the way; another GOP lie is that the Democrats had a super-majority, that never was the case under Obama! (Thanks politifact!)
I assume you're referring to this:
When personal income is taxed at a higher rate more jobs are created so the wealthy can write off expenses instead of paying taxes. The people earning the money are then off unemployment/welfare and the economy improves.
It makes no sense as theory, inasmuch as the wealthy person "writing off expenses" would still be worse off than one who did not. You must, therefore, be referring to some contrary empirical evidence, eh? Got a link?
Oh, and by the way, the Democrats of the 111th Congress
DID hold a sixty seat majority in the Senate from the day Al Franken took his seat until the day Scott Brown took his. OK, except for the days that the Massachusetts seat was vacant.
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