The biggest issue those "tax the rich" retards don't understand is: there's not enough money to be made from taxing the rich. It HAS to come from the middle class.
There simply aren't enough rich people to generate the amount of tax income that their socialist policies require. Especially considering that the richer you are, the easier it is to move your capital to where it gets taxed less.
It's gonna go lower. They can't pay for any of their stuff without a severe tax on the middle class.
The biggest issue those "tax the rich" retards don't understand is: there's not enough money to be made from taxing the rich. It HAS to come from the middle class.
There simply aren't enough rich people to generate the amount of tax income that their socialist policies require. Especially considering that the richer you are, the easier it is to move your capital to where it gets taxed less.
If their lips are moving....then they're lying.
Is that even news anymore.
You misunderstood - first they get you under 400k, then there's no tax. ;)