Why is it so hard to tax the rich?

@Cliff-Mashburn said
@wildgrass
Top 1% of earners: ~38.4% of total federal individual income tax revenue
Top 5% of earners: ~60% of total federal individual income tax revenue
Top 10% of earners: ~71% of total federal individual income tax revenue
USAFacts
Bottom 50% of earners: Only ~3% of federal individual income tax revenue

How much more do they need to pay to make you happy?

Considering the 1% and 5% are pulling in primarily passive income enforced by the government they should be paying more.

I liked the 90% marginal rates we had in the 50's when American Was Great.

@Rajk999 said
I think the IRS should raise your taxes to 40%. There is no evidence that you will quit your job if you pay more taxes.

Are you really comparing work with passive income?

You think rich people will "quit" their passive income?

@AThousandYoung said
Over 1,500,000 workers are funding Bezos' passive income. He only gets paid because the government defends his property rights.

Capitalism is so successful because of property rights.

@Rajk999 said
Capitalism is so successful because of property rights.

Capitalism was more successful when marginal tax rates were higher.

I'm glad you acknowledge that capitalism is a system that depends on the government.

@AThousandYoung said
Capitalism was more successful when marginal tax rates were higher.

I'm glad you acknowledge that capitalism is a system that depends on the government.

Capitalism depends on the govt to know when to enforce private property rights and to ignore calls from people that hate the wealthy who generate economic growth and prosperity.

@Rajk999 said
Capitalism depends on the govt

Yep