Tax Public Salaries 90 Percent — A Republican congressional contingent led by Eric Cantor of Virginia walked out of talks with Democrats about raising our $14.3 trillion federal debt limit. The walk-out, June 23, was due to Dem’s insistence on further raising taxes on producers.
OK, the Dems want a tax hike. How about this: adding a 90-percent bracket on all public salaries — federal, state and local — after $100,000. This would include, of course, with those in educational and cultural institutions receiving public subsides.
I’ll patriotically go for that one. Would fellow patriot Amy Gutmann — who receives a $1.36 million salary as president of the University of Pennsylvania which receives millions in subsides from the taxpayers of Pennsylvania — join me?
Hey, make it a 99-percent bracket.
Make it a 99.9999 percent bracket.