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Senior Advisor

Re: I don't know but I suspect that BA ....

... isn't one of the top 50% of Americans, wealth-wise.  I could be wrong, maybe he just squeaks in at the very bottom.  That being the case, he belongs to that class of Americans who owns just  1.5% of the nation's private wealth.

  It always surprises me how vociferously the BA's of the world defend the top 50%'s prerogative to own 98.5% of the nation's private wealth and pay so little in taxes.  I mean, I'm not rich and I hardly pay any taxes.

   As Leona Helmsley famously said, "only the little people pay taxes."

  BA certainly lends credence to P. T Barnum's equally famous line, "there's a sucker born every minute."

Senior Advisor

Re: I don't know but I suspect that BA ....

Dems are going to give the rich a huge tax cut by letting them deduct their state taxes from their federal.

BA Deere
Honored Advisor

Re: I don't know but I suspect that BA ....

I always considered myself in the "top 90%" of wealth, though that sounds better, being in the bottom 50% may be an improvement in my case...thanks   🙂

One day i might be rich, that is if America stays as the land of opportunity ...hey, anyone can win the lottery.

Re: I don't know but I suspect that BA ....

We all know that the government exists for its own interests. We're supposed to pretend that it exists for the people's interest. We should Get with the program before reducing our social score into negative territory. I've read this article once, I realized then that no matter what they say about taxes only affecting the wealthiest people, it's not really like that. They raised the taxes for billionaires, like Elon Musk, to get more money. But they also had to raise the taxes for other social categories. The problem is that it wasn't that much.