Originally Posted by
OOfff
sure, but the number of wealthy people who still make less than 160k in earned income is fairly small. Even most of our shockingly wealthy CEO class pay it.
They pay it for the 5 to 10 years of their C-suite tenure, then they transition to the “dividends and long term capital gains” plan and pay 1/3rd or less of what many of us pay. Meanwhile, blue and red are suckling from the financial teat of this class and make all kinds of noises about taxes, while never addressing this issue…