Yes. Similar with when the income tax was introduced, it was only for the wealthy. Problem is, the tax isn’t adjusted for real inflation so more and more working class got caught up in the scam.
By January $100,000 will be the cost of a loaf of bread.
Wealthy = people earning between 50k and 500k
Yes. Similar with when the income tax was introduced, it was only for the wealthy. Problem is, the tax isn’t adjusted for real inflation so more and more working class got caught up in the scam.
By January $100,000 will be the cost of a loaf of bread.
They love to tax income. People with his wealth can borrow against their assets and have zero income for life.
When they die,they pay nothing.