Skip to main content

View Diary: A Bankruptcy Lawyer (Me), Corrects Factcheck.Org On the Auto-Bailout (Updated, re Private Funding.) (157 comments)

Comment Preferences

  •  I think they should set the high bar too (0+ / 0-)

    Who really needs more than a million or two a year?

    Tax rates after the first million or two should be very high.  It would solve so many problems, not least of which is providing disincentive to do their dirty work.  True wealth creators would continue to create wealth because they don't do it for the money, oddly enough.  The Steve Jobs and Google Guys and other visionaries of the world would keep doing their thing, and the Rmoneys would fade away as the risk-reward ratio for what they do became a level playing field.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site