Comment Re:Higher rates for wealthier brackets. We do that (Score 1) 77
> 640K and above have a higher tax rate than those below 640K, how is paying at a lower rate progressively worse?
I don't have a clear argument.
But lets say the rate is 10% for 10 000, 20% for 20 000 and so on till 50% to 50 000.
Lets say I make 50 000. If it makes sense to tax me more the more my revenue goes for 10 000 to 50 000, why does that logic not continue to apply to those making above 50 000?
That seems related to ideas like that the cost of living reasonably doesn't go up with revenue and cutting into discretionary income is a a greater burden the less discretionary income you have.