LogFAQs > #946355471

I mean.........

If you make more than 400k a year, do you REALLY need to worry about being taxes 40% or 52% etc?
Money is great, but at some point shouldn't you start thinking about society as a whole and how improving it will probably ALSO improve your own life more than another couple hundred K a year will?

As far as the rate, you have state taxes to add in some places, but the base max tax rate I believe under Bidens plan is 39.6% with 12.4% for social security over 400k a year. That is 52% total, and only on income over 400k.

So yeah, if you ask me, any decent human being making more than 400k a year should want something along those lines, you still get tons of money coming in (many of them millions, some of em billions) but you help support the system and make it a better world for everyone.

I've made decent money before in my life and I would have been happy to pay more taxes on the top end of my income in order to ensure everyone had a safe place to live, health care, free schooling, less people in prison, good mental health etc. I certainly never made anywhere near over 400k a year though, at that point I would probably start my own foundation to help people directly (which btw I have done in my life even though I have never made over $100k a year, I have both finacially helped and volunteered to help people with my time and effort).

You can vote for who you want, you are free to believe what you want, but if you ask me if people should be willing to vote for someone who is going to make them pay more in taxes if they make over 400k (and mind you only on the income over 400k), then my answer is YES. If they are not monsters or extremely selfish, then YES they should.


---

Tacobot 3000 "Saving the world from not having tacos."
Friends don't make their friends die Hanz. Psychopathic friends do.