LogFAQs > #985051405

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Topic	So I see Vivek Ramaswamy wants to rid of income and property tax in Ohio
Euripides 05/13/25 10:46:28 AM #21:	Hexenherz posted... Because if I make $1000 a month but have to spend $100 on groceries, then I only have 900 for everything else I need to pay for. But if I make $1,000,000 a month and spend $100 on groceries I still have $999,900 to spend Put even more bluntly, if you have $1000 a month, you are going to spend $1000 a month to survive. Your tax rate is 100% If you have $1,000,000 a month, you might spend $100,000 a month, but your tax rate is just 10% --- he/him/his <cite>Euripides posted [p:985051405] in So I see V... [t:80981931]...</cite> <quote>Hexenherz posted... </cite><quote>Because if I make $1000 a month but have to spend $100 on groceries, then I only have 900 for everything else I need to pay for. But if I make $1,000,000 a month and spend $100 on groceries I still have $999,900 to spend</quote>Put even more bluntly, if you have $1000 a month, you are going to spend $1000 a month to survive. Your tax rate is 100%If you have $1,000,000 a month, you might spend $100,000 a month, but your tax rate is just 10% --- he/him/his</quote> ... Copied to Clipboard!
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