<p>OCPOP, I'm for providing a safety, opportunity and access. Taxes when excessive become counter productive as people spend more energy hiding assets than earning assets. At the same time, some items must be done at the Government level since our economies have not realized a way to capture external costs such as pollution. </p>
<p>However, I dare you to look at any of the public worker unions whether fireman, cops, teachers, prison guards, or plain old state, county or city workers and miss the bereaucracy and waste.</p>
<p>For the above comparison between the $25,000 person and the $2.5 person, let's stick with reality. If you mistakenly realise $2.5M of taxable income, it's a nice problem to have. But make no doubt, they do not pay $25,000 in tax, they pay $847,206 in tax.</p>
<p>A person making $128,600 taxable, pays $25,000 in taxes. At $365,000 it's $100,000 in taxes. At a mere $793,700, you pay the magic $250,000 in income taxes.</p>
<p> The poor shouldn't pay more. Neither should high income earners, they pay plenty. We need to control our spending.</p>
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