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by adwhit 3217 days ago
More like if you had 40 cars and the government said they were going to charge you 90% tax for your 41st.

In other words, nothing like that.

2 comments

No, more like we are going to tax you 90% on everything from that point on. 90% is insane, folks. We don't have the same economy or tax laws today that they had in the 50s. You can't ignore what's changed.
> 90% is insane, folks.

Why? Why is that the magic number that is insane??

even clinically, sane vs. insane is a judgment call
400k is not quite 40 cars level of income though. 4 million might be more in that range.