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Hoyt

(54,770 posts)
5. Depends how much. Definitely support increase in Capital Gains, Estate Taxes and individual rates.
Thu Aug 5, 2021, 12:33 PM
Aug 2021
But, I also support helping people become wealthy. Otherwise, we'll be paying any tax increases for healthcare, childcare, education, infrastructure, jobs, deficit reduction, debt reduction, college debt, bolstering Social Security and safety net, etc.

Right now, $400,000 puts one in the top 1 to 2% of earners. The top 5% pay 60% of total income taxes in the USA.

In any event, to have a chance at all the things we want/need, it is going to take increasing taxes on people with significantly less income than $400K annually.
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