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by scotty79 614 days ago
At appropriate level of transfers the cutoff point is at millionaires you no longer can call poor in good conscience.

And people below cutoff point thanks to transfer effectively pay negative tax.

1 comments

I absolutely agree on this point, and that curve adjustment would just continue into people we'd definitely agree are wealthy. But in the end those millionaires are paying a higher tax rate than those wealthier than them. Is that fair?
It's fairer than what we have today. Nothing is absolutely fair.