Re: Taxing the rich - what is the cutoff?
I am against the federal income tax. I would like to see the states tax the income of their constituents, and have the federal government get its money from the states when it needs it. That way the state's tax would be more inline with the cost of living in that area (like Saden said).
When you really think about it, the federal income tax is not much different from a tax imposed by a King -- a prime motive for The Framers to create this country. Seems like we're back to square one.
I'm sure there are problems, but this approach seems much better to me.
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