Simple explanation of our tax system that even a leftist should be able to understand.
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Good but that 10th man probably inherited multi-generational wealth, so make that death tax about 90% (on $ over ~$10 million) and tell him to eat shit. Then tell those poors they need to put more than $0 in the pot. And tell the 9th man he’s going to be taxed on capital gains at the higher of his marginal income tax rate or the statutory rate. Leave the remaining three men where they are and don’t f with their savings.
And then watch. It won’t matter because the tax attorneys writing the laws aren’t near as smart as those tax attorneys representing the 9th and 10th man. And the bleeding hearts will obviously add more handouts to 1 through 5. So, in the end, the 6th, 7th, and 8th will be the ones who get royally f’d…once again.
Sorry OP Dave is gonna have to see the Wino version.Dumb is right.