how does biz feel about a 70% tax on income above $10 million?

[Anonymous No.12496654]

well?

[Anonymous No.12496738]

>>12496654
i just move somewhere else

[Anonymous No.12496772]

>>12496654
The insidious thing about that tax is that 100 years from now, when everyone is making $10M due to inflation, everyone will be getting taxed at 70%.

[Anonymous No.12496780]

People who earn at that level do not get paid in liquid assets (currency), so the tax is worthless.
>>12496772
In the 50's, people who earned over $1 million paid 90%.

[Anonymous No.12496786]

>>12496654
Everything after 10 mil sure why not. Don't punish money but tax excess.

[Anonymous No.12496787]

thats when its time relocate to a tax haven in the tropics

[Anonymous No.12496804]

>>12496772
>discussing massive change in tax law
>implying that tax laws wont change in the future

how the fuck do you people remember to breathe?

[Anonymous No.12496838]

>>12496772
AOC's masterplan. Based.

[Anonymous No.12496866]

How about we only tax if you make over 10 million, and tax it at 99% beyond the 10 million mark. This would be the best for all since I don't make that much and won't have to worry about taxes.

[Anonymous No.12496868]

>>12496654
>>12496772
Not how tax brackets work

[Anonymous No.12497747]

>>12496654
yea good luck proving I own 10 million
you transfer with monero 10mil to an undisclosed USDT/ BTC account
how do they tax you? telepathy? LMFAO

[Anonymous No.12497753]

>>12497747
when you cash to fiat to pay for IRL things you'll need to link your bank account retard

[Anonymous No.12497754]

When George Harrison wrote "Taxman" in 1966, the line "one for you, nineteen for me" wasn't a joke; the Beatles were literally taxed 95% under Wilson's Labour government.

And where was Britain 10 or 20 years later? In a fucking ditch.