Yeah, I really don’t understand why the bracket of “extreme wealth” is $250k? I’d be all for adding some bracket for earners over $1MM or over a certain amount of capital gains tax. However, a lot of people rely on capital gains for their retirement, so a tax on that money would negatively affect anyone who puts money in the stock market for retirement...
Taxing the super rich is a great idea, but at the end of the day the govt just needs to spend less money on programs that don’t work or aren’t needed.
Taxing the super rich is a great idea, but at the end of the day the govt just needs to spend less money on programs that don’t work or aren’t needed.