Yea, there is no magic number, they use the term "rich". You may want to consider looking up income levels to help you figure out what "rich" actually means to them.
No one at any point has ever said $174k is rich. It has been said multiple times this would apply only on income earned above $10 million annually. This is one of many reasons why that meme is grossly incorrect.
Sigh...no one has said $174,000 is rich, they have said
THE RICH should pay their fair share. As far as income above $10 million, there seems to be about 2000 people in the US that earned that amount and above, and no matter how much you tax them, it will
never be enough to pay for any of the plans these libs are proposing. So they would need to raise taxes on more people, how about the top 10%, well what does a 10 percenter earn, lets take a look at a link.
Two Thousand Americans Made Over $10 Million Last Year
Here's what you need to earn to be in the top 10% in 25 major US cities
Then why does the meme incorrectly apply the 70% rate to her salary of $174k? When that would never happen in reality.
Because it gets the point across...to most.
If the point is to keep feeding the sheep lies, then yes it does get the point across. But it's patently incorrect.
No one with a salary of $174k will ever remotely come close to reaching a 70% tax rate.
And a 70% tax rate wouldn't even be applied to the entire income(as it implies in this meme), only the portion above $10 million.
This meme is a flat out lie that intentionally deceives people and intends to scare people by lying to them.
Again, if we hope to ever make progress as a nation we should at least base our knowledge on facts and not lies.