More than 60 percent of Americans in the middle class said they are “struggling financially” and do not expect things to turn around for the rest of their lives, according to a poll released Tuesda…
They don’t. But at some point, you throw the rich people a bone and tell them they can be rich, just not obscenely rich. I think $10 million is a good cap.
But 90% tax means that $10MM becomes $1MM.
Progressive tax brackets. This hypothetical tax is only on money earned over 10M/1M.
I was being as gracious as I could be to illustrate we could fix this if the wealthy in this country were not being SUCH FUCKERS.
You appear to have missed the word “after.”
Not in our current tax bracket world.
Why does anyone need more than $10 million?
Why does anyone need over $9 million?
They don’t. But at some point, you throw the rich people a bone and tell them they can be rich, just not obscenely rich. I think $10 million is a good cap.