lets-retire
Thinks s/he gets paid by the post
- Joined
- Dec 28, 2004
- Messages
- 1,798
The only effective way to increase the tax on the rich without effecting the middle and lower income people is to allow so much income then tax everything above that. If it is strictly a percentage the rich, who most likely own a lot of something or have enough influence to be able to name their income, will simple increase the cost of goods to maintain their lifestyle. The end result is the tax increase is passed on to the lower income levels. :