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originally posted by: SprocketUK
We have this in the UK.
325,000 is the threshold, everything over is taxed at 40%.
Of course, the real rich, the ones with 100s of millions don't pay a penny
originally posted by: TerryMcGuire
There are two sides to this argument.
originally posted by: crazyewok
a reply to: queenofswords
HAHAHAHAHAHA
Uk has had #ty inheritance tax for ages now, looks like the USA will get it
Enjoy
originally posted by: Asktheanimals
originally posted by: crazyewok
a reply to: queenofswords
HAHAHAHAHAHA
Uk has had #ty inheritance tax for ages now, looks like the USA will get it
Enjoy
Yet you still have your wealthy upper class.
See any of them with a cup in their hand begging for change on the street?
originally posted by: infolurker
a reply to: queenofswords
The big question is WHAT do they consider wealthy? (I ask because these things only seem to ever touch the middle class as the real "rich" have legal loopholes).
Paying for a house for 30 years which say may be worth 500k do these asshats consider that rich and want to take it from my kids?
originally posted by: undo
a reply to: AnuTyr
the trade deficit is why they print more money
originally posted by: neo96
a reply to: links234
The level of inequality in this country is higher than it's been since before The Depression,
That is because Obama, and his party, and their endless GD demagoguery of the banking industry has kill investment opportunity that millions of middle class Americans use to use to build wealth.
Like checking with interest,savings,money markets, and cds that all pay EXACTLY jack snip these days.
Those vehicles above is created milionaires.
The creation of SS destroyed millionaires.
The rich people aren't the GD problem in this country.
It's GD politicians who don't know what the EFF they are doing.