>>> So, why not raise the rates?
>
>As I keep saying, because you'll provoke capital flight. Better 39% of a dollar than 95% of nothing.
Saying that people will evade a just law is not a reason to leave an unjust law on the books.
Tax rates on the rich matter.
If they didn't, Reagan and Bush The Draft-Dodging Dimwit would not have lowered them.
A rich heir is someone who has won the lottery without even buying a ticket.
We tax the poor schlub who wins the lottery after buying a ticket.
We can figure ways to get the rich heirs.
There will be problems but as JFK said- let us begin.
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.