Dr Grump
Platinum Member
- Apr 4, 2006
- 31,625
- 6,434
Poor widdle pea green with envy Grumpus.
The 50% rate applies to upper middle class families in coastal cities making less than $500K per year (likely much lower than that when one adds up Fed, State, SS & Medicare, Property, Sales, and hidden excise taxes).
Politics of envy is such a straw man. I have no problem with people being wealthy and creating wealth. What I have an issue with is these people not wanting to pay their fair share of taxes and having an undue influence on political systems around the world usually to protect their own interests (ie wealth). And I do differentiate between them having their say on how society should be run and trying to influence them keeping hold of their billions. Trump is a classic example. Totally rich ignoramus who doesn't have a clue, but certainly has a right to have his say and run for pres. What he doesn't have the right to do is buy votes. Hillary's the same.