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It was not reflexive. Perhaps you misread my post. My reading of the way the slope slips is that rates go up, not that the minimum threshold is lowered. This r
by darkerside 6y ago
It was not reflexive. Perhaps you misread my post.
My reading of the way the slope slips is that rates go up, not that the minimum threshold is lowered. This reflects historical tax law changes, political sensibilities, and basic economic theory. This was all in my original post as well, so I'm not sure it'll land this time, but I'm a bit offended that you have mischaracterized my post as reflexive, implying thoughtlessness, when I believe it was anything but.
My opinion restated, billionaires have more to fear from this than any of the rest of us do.