return2ozma@lemmy.world to News@lemmy.world · 2 years 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-square110fedilinkarrow-up1586cross-posted to: aboringdystopia@lemmy.world
arrow-up1586external-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 · 2 years agomessage-square110fedilinkcross-posted to: aboringdystopia@lemmy.world
minus-square24_at_the_withers@lemmy.worldlinkfedilinkarrow-up1·2 years agoBut 90% tax means that $10MM becomes $1MM.
minus-squareBassman1805@lemmy.worldlinkfedilinkarrow-up21·2 years agoProgressive tax brackets. This hypothetical tax is only on money earned over 10M/1M.
minus-squareandyburke@fedia.iolinkfedilinkarrow-up6·2 years 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-up11·2 years agoYou appear to have missed the word “after.”
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5·2 years agoWhy does anyone need more than $10 million?
minus-squareintensely_human@lemm.eelinkfedilinkarrow-up5·2 years agoWhy does anyone need over $9 million?
minus-squareFlying Squid@lemmy.worldlinkfedilinkarrow-up5·2 years 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.
minus-squareSupahRevs@lemmy.worldlinkfedilinkarrow-up3·2 years agoNot in our current tax bracket world.
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.”
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.
Not in our current tax bracket world.