AZGrizFan wrote:Chizzang wrote:
Nobody making a million a year is paying over 22% unless they're somehow also an idiot
...and moving that particular tax bracket rate around too much would require some work
Because: You get to that low percentage by not taking your salary in the form of a salary
and if you start meddling with those widgets - you'll break the whole thing
Stop talking sense. hes' on a roll....
It's fascinating
I hear people say things like that a lot
and then when you talk with them you realize a few things
1) they don't really know much about what's happening in the higher tax brackets
2) Those brackets are typically business owners who are in a high risk situation
3) Killing those tax incentivizers at that level kills the desire to take the risk
if you want to meddle with taxes
Start meddling at guys in the +25 million range
That's typically where the money is being stolen from the hedge investors in the middle class