5 thoughts on “House Bill Would Mark the Return of Confiscatory Tax Rates”

  1. When are people going to realize that everything Obama has been doing has been bad for the economy.

  2. I don’t believe this even counts the 12.5% Social Security (FICA) tax Obama wants to tack on. Right?

  3. Since when does the tax rate have to go above a certain point before it becomes “confiscatory”?

    Even taking 1% of someone’s money is stealing. You may argue that it’s necessary…and i am open to the argument. But it’s still confiscatory

  4. Joe: True, if you’re talking about the proposal to remove the income cap for Social Security tax.

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