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View Diary: Conservative pundit explains why Republicans are screwed on taxes (137 comments)

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  •  Why not go back to Eisenhower's 90%? (1+ / 0-)
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    mconvente

    With the odd Paris Hilton, rock star and pro athlete exception, the rich did not get to be rich by being stupid.

    If taxes go up on the rich, will this result in more revenue?  Or will the rich defer income, hide income or move income overseas?

    I'm not Trolling.  I once worked for a company that moved manufacturing to Taiwan, a country whose residents are almost as prosperous as Americans.  

    But the Taiwanese don't need relatively high corporate income taxes to fund illegal wars or Medicaid for people that weigh 400 pounds.

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