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by rsync
3355 days ago
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"Wealthy people aren't getting taxed 50%. You're thinking of income taxes. Wealthy people don't make income." Income tax is indeed what I am talking about and people do indeed get taxed at (roughly) 50%. You can use whatever term you'd like for those people. The income limits for the top tax brackets are in the low six figures. Presumably you'd see those raised significantly to avoid these punitive rates on the "non wealthy" ? |
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