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View Diary: Warren Buffett's latest op-ed will bring mutters of 'class traitor.' But he doesn't go far enough (117 comments)

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  •  The Rich Rule (2+ / 0-)
    Recommended by:
    RandomNonviolence, howd

    My rule would be that the top tax rate should be 50% plus the unemployment rate.

    Let's say the unemployment rate was 8%. Then the top rate would be adjusted the next year to 58%. If it went down to 7%, then the top rate would drop to 57% the following year.

    Call it, "pay for performance". You and your rich buddies get together and employ more people--bam!--your tax rate drops! Gives the Republicans a chance to prove that people with money really can create jobs!

    Now, I just need a few billion so I can get my proposal in the NYT. Anyone want to help???

    •  Great idea (1+ / 0-)
      Recommended by:
      Liberal Thinking

      But even better if tripled: 50% plus three times the unemployment rate. So at an unemployment rate of 8%, the top marginal rate would be 74%. That might provide enough incentive to actually ensure they would work to reduce unemployment.

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