Question

Is it possible for a Progressive Income Tax to make the Rich or the Wealthy no longer Rich or Wealthy ?

Answer 1

Liberals and the left seem to think that you can tax the economy into stagnation, regulate business into a quagmire, and there will still be an endless supply of magic money that can always be siphoned from the so-called "rich."

The word 'tard comes to mind.

Answer 2

I'm sure Obozo is trying to think of the same tax.  Why do you want the rich and wealthy not rich and weathly?  They work hard for the money, why can't they keep it?  Why must we equalize so everybody has the same?  That is communism and it doesn't work.

Answer 3

Possible...yes...workable...NO it would DESTROY the economy but you need to USE your brain to realize that

Answer 4

No. Taxes don't take away existing assets.