return2ozma@lemmy.world to News@lemmy.world · 1 month 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-square106fedilinkarrow-up1579arrow-down112
arrow-up1567arrow-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 · 1 month agomessage-square106fedilink
minus-square24_at_the_withers@lemmy.worldlinkfedilinkarrow-up1arrow-down18·1 month agoBut 90% tax means that $10MM becomes $1MM.
minus-squareBassman1805@lemmy.worldlinkfedilinkarrow-up20arrow-down1·1 month agoProgressive tax brackets. This hypothetical tax is only on money earned over 10M/1M.
minus-squareandyburke@fedia.iolinkfedilinkarrow-up6arrow-down1·1 month 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-down1·1 month agoYou appear to have missed the word “after.”
minus-squareSupahRevs@lemmy.worldlinkfedilinkarrow-up3arrow-down1·1 month agoNot in our current tax bracket world.
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5arrow-down3·1 month agoWhy does anyone need more than $10 million?
minus-squareintensely_human@lemm.eelinkfedilinkarrow-up5·1 month agoWhy does anyone need over $9 million?
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5arrow-down2·1 month 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.