Comment Re:Common Sense, anyone? (Score 1) 788
So when someone is able to succeed they should be punished by having a larger share taken away?
Give me a break; I call BS on the whole "punished for success via progressive taxation" meme. A punishment would be if they lost something, if their quality of life were somehow reduced by the tax. That's not the case at all; even with progressive taxation, when someone earns more money they take home more money. End of discussion. Progressive taxation does mean that as your income reaches further and further beyond the cost of living, you receive diminishing returns on that excessive money.
Want to see something amazing? Look at the discrepancy between a CEO's pay and an average worker's pay (Scroll down to Figure 8 at http://sociology.ucsc.edu/whorulesamerica/power/wealth.html). Historically, CEO's made a modest (in the Jonathon Swift sense of the word) 50-100x the pay of the average worker. Over the past 10 years, that number has soared between 350x and 500x the average. Does that CEO's family eat 350 to 500 times the food that an average worker eats? Does he need a house that is 350 to 500 times larger than an average family's house? Does that CEO put in 350 to 500 times the labor that the average worker puts in? Is he producing 350 to 500 times more than the people who are actually building his product or providing his services?
Progressive taxation enables average workers to take home a livable wage while still collecting taxes from people who can afford to pay them. They even have a twisted benefit for the CEO - since his minimum wage workers get to keep a larger portion of their income, the CEO can feel less guilty about giving out crap raises and maintaining a barely livable working wage for his employees.