return2ozma@lemmy.world to News@lemmy.world · 5 months agoPoll: More than 60% of middle class say they’re ‘struggling financially’ and are not expecting things to turn around for the rest of their liveswww.thehill.comexternal-linkmessage-square112fedilinkarrow-up1585arrow-down112cross-posted to: aboringdystopia@lemmy.world
arrow-up1573arrow-down1external-linkPoll: More than 60% of middle class say they’re ‘struggling financially’ and are not expecting things to turn around for the rest of their liveswww.thehill.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square112fedilinkcross-posted to: aboringdystopia@lemmy.world
minus-square24_at_the_withers@lemmy.worldlinkfedilinkarrow-up1arrow-down18·5 months agoBut 90% tax means that $10MM becomes $1MM.
minus-squareBassman1805@lemmy.worldlinkfedilinkarrow-up21arrow-down1·5 months agoProgressive tax brackets. This hypothetical tax is only on money earned over 10M/1M.
minus-squareandyburke@fedia.iolinkfedilinkarrow-up6arrow-down1·5 months agoI 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.
minus-squareSpaceNoodle@lemmy.worldlinkfedilinkarrow-up11arrow-down1·5 months agoYou appear to have missed the word “after.”
minus-squareSupahRevs@lemmy.worldlinkfedilinkarrow-up3arrow-down1·5 months agoNot in our current tax bracket world.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5arrow-down3·5 months agoWhy does anyone need more than $10 million?
minus-squareintensely_human@lemm.eelinkfedilinkarrow-up5·5 months agoWhy does anyone need over $9 million?
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5arrow-down2·5 months agoThey 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.