Since we're on taxes, let's talk about how a Flat Tax with a rate of 10% is the most fair and equitable solution possible until we figure out how to get rid of money.
Entry Level A makes $200 a week, $20 goes to the Taxman. Multiply this by the number of Entry level people making $200 a week, let's say 10 million, that $200,000,000 for the Taxman per week.
Now lets bump it up a notch to the "rich" people that earn $100,000 a year. That's $1923.07 per week. At a flat tax rate of 10% that's $192.30 for the Taxman. Multiply that by the number of people who earn $100,000 per year, lets say another 10 million(it's probably more than that but my other estimate was low also), that's $1,923,000,000 for the Taxman.
So for the first 20 million people in the workforce the goverment has gotten $2,123,000,000 for public uses. The US work force is over 250 million strong and growing every day. You do the math.
*edit*
Rictor you realize that it is the "Rich People" who start 99% of new business ventures. If you raise their taxes and prevent them from putting their money away in a safe place, what incentive do they have to start new buisnesses? They'd be better of sitting in their houses doing nothing.