On 09/21/2012 12:31 AM, Why are people so cruel wrote:

"George Plimpton" wrote in message
...
None whatever. There is absolutely no valid moral reason why people
should have to pay higher and higher rates of tax on additional
increments of income.

Depends if you are a tax accountant and a tax lawyer, in which
case your business model is based upon scaring the higher paid
to use your services to avoid paying the incremental taxes. Countries
that have progressive tax regimes have more tax accountants
per capita - which is good for the economy as it spreads the wealth
around more than taxing the wealthy and giving that money to the
poor. Big problem is that they dont give a rat's arse about the
middle income earners who dont earn enough to warrant paying
a tax accountant and therefore pay more tax as a percentage
than the wealthy do, and end up subsidising the ultra rich and the
ultra poor.

And here's the moral reason:

When someone driving at 50 mph doubles his speed to 100 mph, it requires
eight times the power.

So when someone making $50/hr increases that to $100/hr, he should pay
eight times the taxes.

It's a Law of Nature.