In response to
The Fiscal Bluff
William Fritz in Naples, Florida
Thursday, December 6, 2012 at 1:16 PM
William Fritz in Naples, Florida
Thursday, December 6, 2012 at 1:16 PM
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Although I am a staunch conservative, I believe the Republicans should submit a plan to keep the Bush tax cuts on all earned income under $250,000 at 35%, and have an increase of 1% more for earned income over $250k and under $500k, then 2% over $500k to $750k, then 3% from 750k to $1 million, and 4% for over $1 million, for a max of 39%. Also, for capital gains, use a similar scale, keeping the 15% for up to $250k, then adding as above up to max of 19%. This would give the dems what they want, taxing the "rich", and still keep the lower income earners at the present rates. Then the dems would not have the ability to say "you Republicans are just for the rich", and the so-called rich should be happy to pay the small increments shown above. This is a "real" compromise, not a fake one.