Before you post a reply, please read this explainer on how marginal tax rates work (yes, we should be teaching Econ 101 in highschool).https://www.vox.com/policy-and-politics/2019/1/7/18171975/tax-bracket-marginal-cartoon-ocasio-cortez-70-percent …
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In Boy Scouts, we were taught to always leave the campground better than we found it. I want a
#GreenNewDeal to give our children a viable, healthy planet -- better than we found it. Yes, there are other polluters; yes, it's ambitious AF; but we're Americans, we lead.Show this thread
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Me now: I hope I make enough to hit that 70% marginal tax rate
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10 million minus 70% is 3 million. If there was a 70% tax rate the people making that much would just get dual citizenship to a country that is happy to tax that money at a reasonable 30%. Or they could use something like the Clinton foundation to get it tax free. Or...
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Agree with this

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It’s not the start in question. When you started it didn’t matter. When your income reached that point NFW you would pay that. Absolutely nobody will. Those earners will leave in droves. It’s such a joke. You know better. I think?
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Leave to where though?
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Please learn how marginal taxes work.
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