presonorek
Gold Member
They are overtaxed. When 20% of the earners are paying over 80% of the federal income tax, they are overtaxed.
Just do the math. If someone making $250,000 is taxed at 20% and someone making $25,000,000 is taxed at 40%, then who is hurting the most out of those two persons. *Math is below.
One of the persons is left with 75 times the amount of money the other person has. I think overtaxing a super ultra ridiculous insane out of this world wealthy person would be extremely hard to do even with the most ambitious left wing radicals in charge. You have a hard argument to make my friend. Good luck to you.
* $250,000 - $50,000 = $200,000
$25,000,000 - $10,000,000 = $15,000,000