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If you are paying 40%-50% you will never move up classes. It is a tool to prevent the middle class from reaching rich person status. For the poorest many are
by ipaddr 6y ago
If you are paying 40%-50% you will never move up classes. It is a tool to prevent the middle class from reaching rich person status.
For the poorest many are paying no or little income taxes so the income is the issue not the taxes.
- babygoat 6y agoThat makes no sense. How can you do away with progressive taxation without increasing the tax burden on the lower and middle classes?