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Milton J. Madison - An American Refugee Now Living in China, Where Liberty is Ascending

Federalism, Free Markets and the Liberty To Let One's Mind Wander. I Am Very Worried About the Fate of Liberty in the USA, Where Government is Taking people's Lives ____________________________________________________________________________________________ "Extremism in defense of liberty is no vice. Tolerance in the face of tyranny is no virtue." -Barry Goldwater-

Friday, October 31, 2008

Progressive Taxes....

According to OECD statistics, the US already has the highest progressive tax system among these 24 wealthy nations where the richest decile of taxpayers in the US paid 45.1% of all income taxes. The average decile of wealthy taxpayers in the OECD nations averaged a 31.6% share.

So what are the Democrats trying to achieve by further punishing those that earn money in this nation? Hostile tax policy to work, savings and investment DOES NOT achieve greater wealth and will never never never achieve greater 'fairness' that is a completely subjective objective.

Have a look at the stats here if you like.

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