3129 3.28 million people in America, and tens of millions around the world, lost their jobs because of this man’s forecast & the media’s reckless propagation of that forecast. And now it turns out he was totally wrong. Absolute insanity. (twitter.com) posted 1 year ago by goldentomatoes1 1 year ago by goldentomatoes1 +3129 / -0 324 comments share 324 comments share save hide report block hide child comments Comments (324) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 5 ▼ – accountable 5 points 1 year ago +6 / -1 At 50+% tax rates, I argue that we're already at $Serfdom. permalink save report block reply ▲ 1 ▼ – deleted 1 point 1 year ago +1 / -0 ▲ 2 ▼ – anon1011101 2 points 1 year ago +2 / -0 If you are in an upper tax bracket and live in a high-tax shithole like NY or CA you will easily pay 50% of your income in local, state and fed taxes permalink parent save report block reply ▲ 1 ▼ – deleted 1 point 1 year ago +1 / -0 ▲ 1 ▼ – deleted 1 point 1 year ago +1 / -0 ▲ 1 ▼ – accountable 1 point 1 year ago +2 / -1 You are not alone. Most people are unaware. Also in that list is the payroll tax, which you pay but never see. It's not on your pay stubs or your tax return. If you switch from W2 to 1099 it'll slap you in the face though. 7.5%. permalink parent save report block reply
At 50+% tax rates, I argue that we're already at $Serfdom.
If you are in an upper tax bracket and live in a high-tax shithole like NY or CA you will easily pay 50% of your income in local, state and fed taxes
You are not alone. Most people are unaware. Also in that list is the payroll tax, which you pay but never see. It's not on your pay stubs or your tax return. If you switch from W2 to 1099 it'll slap you in the face though. 7.5%.