I like that. I like the idea of maximums all together.
For instance, the 1% wealthy would be capped at some high amount, let's say $1 Million, so that that every penny after that is untaxed. Yes, I know that this may not play well in Peoria.
I would like to see a maximum on certain lawsuits. Again, fat chance.
I would like to see lifetime maximums on welfare. You ding the system for say, $1/2 million, no mas. Dreaming.
Term limits = maximums. 'Nuff said.
I would like to see a combined maximum tax rate. Federal, State, Local of say (don't shoot me), 30%.
You get the idea.
I have a question: If Obamacare is a Federal Tax...can I take a tax deduction for paying my Medicare and Supplement?
Few could argue with the fact that the untaxed overtime would only go to those working for a living.
A guy that makes 80K working 65 hours a week shouldn’t be bumped into the tax bracket of someone that makes 80K working 35 hours a week and getting 6 weeks vacation.