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Fri Jan 11, 2019, 03:07 PM

you'd have to work for 200 years before hitting the cap at which $10,000,000 is taxed at 70%.


Jules Suzdaltsev

The average US salary is $50,000, which means you’d have to work for 200 years before hitting the cap at which $10,000,000 is taxed at 70%.

And yet somehow Republicans have convinced their constituents that this applies to them and they should oppose it.

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Reply you'd have to work for 200 years before hitting the cap at which $10,000,000 is taxed at 70%. (Original post)
jodymarie aimee Jan 11 OP
RT Atlanta Jan 11 #1
flotsam Jan 11 #2
anarch Jan 11 #3
Codeine Jan 11 #4

Response to jodymarie aimee (Original post)

Fri Jan 11, 2019, 03:11 PM

1. it's one of the points where I acknowledge how good their 'con' is

to have convinced so many ordinary people to vote against their own personal interests in the REALLY SLIM chance that they too could one day be 'rich' like them and not wanting to be taxed as such a rate.

it's amazing.

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Response to jodymarie aimee (Original post)

Fri Jan 11, 2019, 03:34 PM

2. Yeah

But only if you illegally avoided paying taxes for the first 200 years.

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Response to jodymarie aimee (Original post)

Fri Jan 11, 2019, 03:45 PM

3. well, given my current savings prospects, if medical science extends the human lifespan, I will

But yeah I guess the average person thinks, you know, once I get my billions of $$$, "it's mine and nobody else can have any"

^^^ the American Dream

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Response to jodymarie aimee (Original post)

Fri Jan 11, 2019, 03:53 PM

4. I'm gonna need a couple extra decades.

Actually I just got a promotion so not true, but 50gs seemed like an illusion for most of my life. I imagine quite a few people share that perspective.

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