Monday, September 19, 2011

Robert Reich: The marginal tax rate ought to be raised to 50 percent on income between $500,000 and $5 million, 60 percent on income between $5 million and $15 million, and 70 percent on income over $15 million.

Robert Reich calls for confiscating the wealth of the productive:
The marginal tax rate ought to be raised to 50 percent on income between $500,000 and $5 million, 60 percent on income between $5 million and $15 million, and 70 percent on income over $15 million.
Just a reminder, when you contribute money to the University of California: you are subsidizing socialism.