When Progressive Taxation Reaches Levels of Regressivity

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The top one percent of earners paid more income taxes than the "bottom" 95 percent. And I bet they don't use services like the rest of us. Aren't they usu. into private schools, gated communities with its own private police, private transportation, etc.?

What's fair about this? I think it's foolish to penalize success and mobilize the forces of envy, which democracy is so adept at doing.

At this rate we'll be seeing a talent drain like Britain's "brain drain" of the 1960s. Australia, New Zealand or some other places will benefit.

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