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TopicIf you make 120k+, 50% of your income (at least) should be taxes
Dynalo
04/27/18 4:02:12 PM
#28:


DirtBasedSoap posted...
what the fuck

no

what would the incentive of getting a good job be? to give half of your money to the dumbass government? yeah, theyre soooo good at managing our money.


It's not really that different than the current system, just with a much lower threshold (obviously too low).

Right now the tax in the US on anything above 500k is at least 37%. Higher depending on whether your state has more taxes on top of that. So you're already "punished" for earning more.

I also dislike the argument, because I find it doesn't actually work that way. If I were to give you a choice of making 50k and taking home 40k of it, or making 200k and taking home 130k of it, I think we all know which one you're going to choose. You still make more than the average joe with a good job, usually significantly more. The incentive is still there. This isn't a situation where they just say "Nah, you made enough, we're keeping everything you make for the rest of the year).
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