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Most politicians families are in said tax bracket. Most of their personal friends are also in that bracket. Arguments about the issues/merits of cronyism and ne
by Tsagadai 15y ago
Most politicians families are in said tax bracket. Most of their personal friends are also in that bracket. Arguments about the issues/merits of cronyism and nepotism aside, that is a simple answer as to why they are fighting so hard.
The amazing aspect is the people in the middle class arguing for the oppressive tax system. Perhaps it is American aspirationalism or some misguided belief in trickle-down economics. Either way it is a curiously unique situation.
- jeffreymcmanus 15y agoMore to the point, the CEOs and shareholders of the big businesses who pay for politicians to be re-elected are in the highest tax bracket.