4 ms·
You don't understand. 45% of 1 million means nothing. Maybe skimp on the next vacation to Paris. 20% income tax on 60k means someone might never be able to r
by blazespin 11y ago
You don't understand. 45% of 1 million means nothing. Maybe skimp on the next vacation to Paris. 20% income tax on 60k means someone might never be able to retire or help pay for his kids college degree.
- bdcravens 11y agoAs long as we can poke fun at what they spend their money on, and dehumanize them, we can justify any tax level. Maybe that extra 17% could have gone into angel investments. Perhaps the idea that those that earn 28% of the income need to be taxed at 45% is an indictment on California's spending.
- fredrik-j 11y agoIf you look beyond the fun poking and focus on the facts, you'll still find that the trickle down economic policy your argument imply simply doesn't work. https://psmag.com/the-imf-confirms-that-trickle-down-economics-is-indeed-a-joke-207d7ca469b https://psmag.com/the-imf-confirms-that-trickle-down-economi... http://www.imf.org/external/pubs/cat/longres.aspx?sk=42986.0 http://www.imf.org/external/pubs/cat/longres.aspx?sk=42986.0