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C F
Lv 6
C F asked in Politics & GovernmentGovernment · 1 decade ago

What is the appropriate maximum tax rate? 30%,40%,50% etc?

5 Answers

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  • 1 decade ago
    Favorite Answer

    It should be a flat tax of 18%.

    However if the senator from Ill. gets elected then it will be almost 60% for the rich, you know those who make 250,000. a year before taxes.

  • Anonymous
    1 decade ago

    The latest Wall Street Journal/NBC News poll shows that, when asked who would better handle the issue of taxes — the one area where the Republican nominee once had an edge — 48% said Sen. Barack Obama, and 34% said McCain. Earlier this month the candidates were tied on the issue and just a month ago McCain was leading.

  • Anonymous
    1 decade ago

    I'm not sure what the current limit on Federal Income Tax is, but the politicians, on all levels---federal, state and local are trying to get as much money out of us as they can.

    Some people's property taxes went up 400% in just the past year!!

    The politicians want to get as much as possible out of us to give away to their cronies, to foreign governments, and just to squander in any way possible.

    And the American people keep reelecting these clowns!!

  • Anonymous
    1 decade ago

    close to 40% currently. it will go up to 60% next January when our lord and Savior gets coronated.

    Why anyone would open up a business here is beyond my comprehension.

    See ya in the welfare line!

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  • Anonymous
    1 decade ago

    18%

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