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Re: This is why the wealthy want to raise income taxes.
Date: October 13, 2021 10:20PM
Imagine anyone being stupid enough to believe that the wealthy pay income tax lmfao. Billionaires don't have an "income" their money is generated by return on investments, they pay capital gains tax. That's why rich Republicans want to convince the average American that the capital gains tax needs to be lowered as much as possible. That's why billionaire democrats want to sell the middle class on how they're "raising the income tax on wealthy" its a club that WE aren't in. Income tax is paid by something like 43-47% of the population last I checked, from the lower middle class to the upper middle class,