Reply #81: I've been a software engineer for well over 20 years now... [View All]

[cascadiance]

And according to Obama's reply to Hillary Clinton the other night on her comments on social security caps, I fit into the top 6% of salaries in the U.S. (though it doesn't go very far here in California).

However, I feel that we should revisit the top marginal tax rates back before the Reagan tax cut. We might increase the salary where they kick in, but I think that's the only real way to correct the great divide that is growing now.

Perhaps if the high marginal rates are very high, we can say that it is temporary, and that some of the added "marginal tax rate percentage is designated as a "war tax", which would be only taxed on the rich. Arguably one could claim that this group of people has gained the most in terms of benefitting from this war, in terms of tax cuts that have unprecedentedly been given to them during it before, and also due to the war profiteer profits mostly going to the wealthy investors as well.

By having some of this added tax a "war tax", that would put new incentives in place for them to use their financial clout to help STOP this war to help them keep more of their earnings.