Quote:
Originally posted by Locobot
People making $200,000+ per year where I live would be solidly upper class, I wouldn't mind them sharing a little more.
Wonderwench: lol like we should really base the income tax on the silicon valley economy!
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We should base the income tax so as not to penalize productivity and success. Given the AMT, marriage penalty and lack of indexing for inflation, it is only a matter of time before more and more middle class are classified as The Rich.
It is educational to recall that the original income tax was supposed to apply only to The Rich.