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Originally Posted by NCB
What will the Democrats define as "rich" now that they have power? They desire to raise taxes on the rich, but how will they define it? 150,000 for married coups? 80,000 for single?
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It amazes me how the Democratic party leadership (very wealthy people) continually succeed at the class warfare scam.
Really rich people could careless about income, they care about net worth. Really rich people can grow net worth 24/7, 365 days a year and show almost no taxable income. Working people on a salary, small business owners, and hourly employees can not shelter and defer income the way rich people can. It doesn't matter how they define "rich", middle class working people will carry the burden.
Just ask the new speaker of the house and her husband how the rich grow networth and minimize taxable income.