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Your net worth is far above the median. If taxes increase, you are likely to lose wealth, not gain it.
by 0xDEAFBEAD 2y ago
Your net worth is far above the median. If taxes increase, you are likely to lose wealth, not gain it.
- segfaltnh 2y agoIncreases to income tax generally won't lower a wealthy persons wealth, just the rate at which they can increase their wealth. They already have the money, and it will keep paying dividends and interest. Unless you're talking about a new kind of wealth tax, but those aren't particularly popular...