It's Good To Be The King

[ScipioCowboy]

Okay, I guess you choice of wording is acceptable, I have decided to allow it.

You're an intelligent and reasonable individual jeebus. Did you get my PM?

 

[superpunk]

I don't think this is a good idea, just because again it seems like a half measure that won't really get at the people that should be paying more, and are instead holing up money while getting rich off our glorious country.

That said...

"only around 0.06 percent of total IRA account holders had $3 million as of the end of 2011, and 0.0041 percent of 401(k) accounts had $3 million as of the end of 2012."

But in reality, just close loopholes in the existing tax code. Let tax breaks expire. Don't do this shit. It's unnecessary, and might create more nightmare accounting for employers who would actually like to provide retirement benefits to employees.

 

[JBond]

SP...We might agree a little on this issue.

I am curious which specific tax codes you want changed and how you believe those changes will effect revenue for the government and the growth of the economy.

 

[ScipioCowboy]

SP...We might agree a little on this issue.

I am curious which specific tax codes you want changed and how you believe those changes will effect revenue for the government and the growth of the economy.

Corporate tax code needs to be completely overhauled. There's far too much favoritism towards certain industries, such as green and oil and gas. There's something grossly awry when you have the highest statutory corporate tax rate in the world yet one of the lowest effective corporate tax rates.