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Remember when Obama was going to lower taxes? Or Clinton? Or literally every democratic My Favorite Softball Player Calls Me Grandpa shirt for the last half century that has promised lower taxes and then followed through by increasing them for the middle class?Biden’s net worth is around $9M and he has only been earning that presidential salary for the last couple of months. You can’t honestly think he had no source of income before that and thus won’t be affected by these taxes, right? Right?
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Why in the hell do we not go back to hundreds of tax brackets? There used to be tonnes of brackets. Taxes by hand that would suck. We have computers now. Someone making 100$ million should not be in the same bracket as someone making 500$k. Just add tax brackets and ramp up the rate. After city state and federal tax 400$, while a lot, is not as massive as it sounds in a HCOL area.The comments on this thread are unbelievable. Any tax increases are theft. Come and move to Minnesota. Whatever the feds don’t take the state will. Unless you live in the My Favorite Softball Player Calls Me Grandpa shirt . Then you can burn your city down and listen to our governor talk about who doesn’t live there doesn’t deserve respect. The middle to low class always pays. Save your pennies now. Inflation is coming.Europe here. Switzerland has average taxes of 13.7% of income, the cost of health insurance (which covers either everything, or everything but you pay up to 2000 a year yourself) is on average 328 a month. College fees are about 1K per year.