>Some people (like me) think that effective tax rates of roughly 50% (US, California, Marin County) are too high.
Wealthy people aren't getting taxed 50%. You're thinking of income taxes. Wealthy people don't make income. Genuinely wealthy people make their money from land they own and rent out and from stock they invest and hold.
Wealthy people aren't getting taxed 50%. You're thinking of income taxes. Wealthy people don't make income. Genuinely wealthy people make their money from land they own and rent out and from stock they invest and hold.