I'm sorry, but if someone can't see how privileged they are at a household income of 400k I don't think anyone can help them.
Also, if you look closely, you will realize that the tax increase at 400k is so small, that it realistically won't matter all that much. But you have to start somewhere when making a step towards taxing higher incomes more. Regardless of where you put that threshold, people will complain and claim that they make that threshold and aren't rich.
We all know this is a changing world. Everyone has to adapt. if in future I can not work as swe. I will be a saxophone player. I don’t have much talent on music , but with hard work I can also earn a decent living. No matter how the world is changing, I am sure I will never be a poor and vote gov to rob other ppl for me.
BNP, while I disagree with you, if that's your perogative, then I respect your opinion. I think the world would be a better place if we, as a whole, stop intentionally dividing the country between the haves and have-nots. Do I want to continue make more, of course, but the root cause issue isn't that we pay too much in taxes. We are some of the lowest in the world, it's the misuse and abuse by politicians and the government of these funds. Of which Trump cut taxes for the super rich, which then will hurt everyone down the line.
If you're making over 400k, and still can't figure out how to reduce your tax burden, that's on you. Bidens plan taxes on amounts over 400k, so if you make 420k, then the 20k would be taxed at a higher rate, not the entire 400k
You are aware of taxes on moving money outside right when u denounce citizenship? Otherwise property tax should be on global assets just like income tax.
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Also, if you look closely, you will realize that the tax increase at 400k is so small, that it realistically won't matter all that much. But you have to start somewhere when making a step towards taxing higher incomes more. Regardless of where you put that threshold, people will complain and claim that they make that threshold and aren't rich.
If you're making over 400k, and still can't figure out how to reduce your tax burden, that's on you. Bidens plan taxes on amounts over 400k, so if you make 420k, then the 20k would be taxed at a higher rate, not the entire 400k
Taxes are abominable- we’re taxed on everything you can imagine and on top of that for the work we do?
There’s double taxation triple taxation quadruple taxation and worse going on right now.
We don’t need higher taxes. We need more oversight of how our tax dollars are spent. Quit with the raise the taxes bullshit.
This is like listening to Rush Limbaugh and hearing him pine for the orangutan we have in the White House.