Originally Posted by Saul Too
I would be willing to consider increases to the top marginal rates, but I would prefer to address loopholes. What loopholes did you have in mind?
Capital Gains outside of retirement loopholes for middle class. But I would offset this by tax benefits related to job creation. In some sense very good rich business people will be buying smart employees and gaining income from their effort and tax benefit (and ultimately their votes as they succeed) vs tax relief over passive investments.
Even a superstitious man has certain inalienable rights. He has a right to harbor and indulge his imbecilities as long as he pleases. . . He has a right to argue for them as eloquently as he can, in season and out of season. He has a right to teach them to his children. But certainly he has no right to be protected against the free criticism of those who do not hold them. He has no right to demand that they be treated as sacred. He has no right to preach them without challenge." -H.L. Mencken