Liberal utopia. 61% tax rate

[airplanemechanic]

Unbelievable. Let's see if those idiots continue to vote for democrats.

Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate

The proposals include a 3% surtax on taxpayers earning more than $5 million a year. They would also raise the top marginal income tax rate to 39.6%.

www.cnbc.com

 

[Votto]

Orange man bad.

Besides, January 6th.

 

[Polishprince]

Unbelievable. Let's see if those idiots continue to vote for democrats.

Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate

The proposals include a 3% surtax on taxpayers earning more than $5 million a year. They would also raise the top marginal income tax rate to 39.6%.

www.cnbc.com

The libs aren't through, however.

Sleepy Joe is demanding new confiscatory tax rates on the federal level as well.

New York's gay community probably had something else in mind when they were told in advance that Joe was going to give it them in the ass.

 

[Crepitus]

Unbelievable. Let's see if those idiots continue to vote for democrats.

Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate

The proposals include a 3% surtax on taxpayers earning more than $5 million a year. They would also raise the top marginal income tax rate to 39.6%.

www.cnbc.com

Still about 8% too light if it's on income over $100,000,000.00.

 

[TroglocratsRdumb]

Never forget the Democrat Economic Motto:
Your paycheck is our paycheck

 

[TroglocratsRdumb]

Biden also wants an huge inheritance tax.
Grave Robbers are the greediest cretin in the world.

 

[airplanemechanic]

Still about 8% too light if it's on income over $100,000,000.00.

Why don't you just take it all?

 

[fncceo]

Unbelievable. Let's see if those idiots continue to vote for democrats.

Top earning New Yorkers could face 61.2% combined tax rate under House plan, Californians may face 59% rate

The proposals include a 3% surtax on taxpayers earning more than $5 million a year. They would also raise the top marginal income tax rate to 39.6%.

www.cnbc.com

When I lived and worked in NYC, my combined tax rate was 52% That's like getting divorced every year.

This is worse.

 

[fncceo]

Why don't you just take it all?

He would if he could.

 

[Crepitus]

Why don't you just take it all?

They get to keep the first $100,000,000.00 and that's more than they can spend in a year anyway.

 

[fncceo]

They get to keep the first $100,000,000.00 and that's more than they can spend in a year anyway.

How do you know how much someone can spend in a year?

Our country prospers on investment. Taking all the money from the productive and doling it out in malt liquor and cigarettes to "the poor" deprives the country of investment capital. No investment, no jobs, no paychecks, more poor.

 

[Crepitus]

How do you know how much someone can spend in a year?

View attachment 538875

Our country prospers on investment. Taking all the money from the productive and doling it out in malt liquor and cigarettes to "the poor" deprives the country of investment capital. No investment, no jobs, no paychecks, more poor.

They mostly arent investing it.

 

[GMCGeneral]

They mostly arent investing it.

But it doesn't give you the right to take it either.

 

[fncceo]

They mostly arent investing it.

In fact, they are. America has the highest rate of private investment in the world.

Do you think "the rich" just fill up huge vaults with coins and gems like Scrooge McDuck?

Anyone with money knows that Scrooge McDuck is an idiot. Money sitting around in vaults, or buried in the backyard, or stuffed into exceptionally large mattresses is money lost.

The rich, if they want to stay rich, have no choice but to invest their money where it will work for them ... and us.

 

[Mr Natural]

Back in the day, when America was great (the 1950s), the top tax rates were in the 90 percent range.

Maybe we need to return to those Glory Days.

 

[Toddsterpatriot]

They get to keep the first $100,000,000.00

That's mighty white of you.

 

[Toddsterpatriot]

They mostly arent investing it.

Those rich bastards and their mattresses...........

 

[RoshawnMarkwees]

How do you know how much someone can spend in a year?

View attachment 538875

Our country prospers on investment. Taking all the money from the productive and doling it out in malt liquor and cigarettes to "the poor" deprives the country of investment capital. No investment, no jobs, no paychecks, more poor.

No duh.
Demmunists want dependency and control. Welfare recipients love it because they know no better and white demmunists are OK with it because they buy the promotion and are overwhelmed by their need to belong. Ego.

 

[Wild Bill Kelsoe]

Never forget the Democrat Economic Motto:
Your paycheck is our paycheck

They're all fucking commies

 

[GMCGeneral]

Back in the day, when America was great (the 1950s), the top tax rates were in the 90 percent range.

Maybe we need to return to those Glory Days.

Let's not and say we did. You conveniently forget that after WWII. we were the ONLY manufacturing powerhouse in the entire world. And that 90%? After all deductions, credits, and writeoffs, the rich paid more like 25% anyways.