I'm just going to post this here....
Add to that that most of the super wealthy make most of their money from investments, which are taxed even lower, AND they easily find ways to hide income… and you’ve got a system that relies far too much on tax dollars from the consumer class.
I wonder what raising the ACTUAL upper tax bracket (including income from investments) to about 50% would do for middle class taxes. Maybe people pay no taxes on the first $50k? Maybe more? That is how you stimulate the economy, by putting money in the hands of people that spend the hell out of it, not people who invest it in banks that piss it away or in Chinese companies so they can expand their factories.



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