Current Events > If you make 10 million a year but get taxed half, would you be mad?

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VeggetaX
01/26/23 7:24:53 PM
#1:


No because I still have 5 million to use.

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PMarth2002
01/26/23 7:26:09 PM
#2:


VeggetaX posted...
No because I still have 5 million to use.


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The_Popo
01/26/23 7:27:05 PM
#3:


Someones attitude probably changes when they are actively having the money taxed from them, compared to a hypothetical of Would you really be all that mad if you suddenly had $5 mil?

That said, Id hope Id be fine with it. Because !5 million is $5 million.

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MorbidFaithless
01/26/23 7:27:36 PM
#4:


PMarth2002 posted...
VeggetaX posted...
No because I still have 5 million to use.


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Ratchetrockon
01/26/23 7:28:28 PM
#5:


yes id try to find a way so i only get taxed like 100k or less

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RlP
01/27/23 2:48:27 AM
#6:


If its free money, nah. If it requires me to work 24/7 then I would probably mad. If it was just a normal job (40/week), I'd just complain but wouldn't necessarily be mad.

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AzNDarkSamurai
01/27/23 2:51:55 AM
#7:


I wouldnt be mad because I cant do anything about taxes. They will be around no matter what.

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itachi15243
01/27/23 2:54:20 AM
#8:


I'd probably get mad occasionally, like if I wanted to buy something really expensive

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KStateKing17
01/27/23 3:21:39 AM
#9:


If I worked for it I'd be mad.

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Foppe
01/27/23 3:38:48 AM
#10:


If I make 10 million a year, then I have already taxed at least 2.5 million.
So yes, I would be mad if they tripled that.

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Perthboy
01/27/23 3:42:11 AM
#11:


Yes I'd be mad. I'd stop working mid year instead of working the latter half for free.

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indica
01/27/23 3:48:22 AM
#12:


I already get taxed 35% so probably but I shouldn't. Also, my guess is if I had 10 mil I could afford accountants that would have me pay less than 35% let alone 50% just like all multimillionaires currently do

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Bibimbap
01/27/23 3:50:26 AM
#13:


Yes, I would unless I get to dictate how that $5 million is spent.

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DuneMan
01/27/23 9:55:51 AM
#14:


No, because I know that 2 years of effort to accumulate $10 million is enough to live off dividends for the rest of my life with zero effort on my part. Anything after that is superfluous, easily squandered on whatever seems fun in the moment.

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Jump_Fangirl
01/27/23 9:56:54 AM
#15:


I already make less than that and get taxed more, lol.
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Prismsblade
01/27/23 10:01:50 AM
#16:


It'll depend how hard you worked to earn said money. Most saying they wouldn't mind are under the assumption that it was easy.

Which may not have been the case. If so though then yea, I'd be angry.

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RchHomieQuanChi
01/27/23 10:02:05 AM
#17:


VeggetaX posted...
No because I still have 5 million to use.


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--Zero-
01/27/23 10:03:17 AM
#18:


Not at all. Let me keep close to a million I would be happy. No one should be making that much money anyways.

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DipDipDiver
01/27/23 10:04:31 AM
#19:


Yeah I think I'd be pretty mad about the government taking half my money
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Giant_Aspirin
01/27/23 10:05:21 AM
#20:


nope. gimmie dat $5M and i'd be set for life

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WingsOfGood
01/27/23 10:07:42 AM
#21:


Perthboy posted...
Yes I'd be mad. I'd stop working mid year instead of working the latter half for free.

"If you gonna take half my 10 mil I will just not work and only make 5 mil! which means I will only get like 2 mil! Take that!!!"
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Dan_Haren-
01/27/23 10:08:22 AM
#22:


Yes everyone should be
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The_Yahtz09
01/27/23 10:11:28 AM
#23:


AzNDarkSamurai posted...
I wouldnt be mad because I cant do anything about taxes. They will be around no matter what.
There definitely are things multimillionaires do to pay less (or no) taxes.

Jump_Fangirl posted...
I already make less than that and get taxed more, lol.
How in the hell is your income taxed over 50% from the jump?

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Iodine
01/27/23 10:12:25 AM
#24:


VeggetaX posted...
No because I still have 5 million to use.


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Unknown5uspect
01/27/23 10:14:13 AM
#25:


Dan_Haren- posted...
Yes everyone should be
Why

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Nirvanas_Nox
01/27/23 10:46:44 AM
#26:


itachi15243 posted...
I'd probably get mad occasionally, like if I wanted to buy something really expensive

And what would you be buying that costs more then 5 million??

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megamanfreakXD
01/27/23 10:48:34 AM
#27:


Yes I would. You can never have enough money.

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EndOfDiscOne
01/27/23 10:52:39 AM
#28:


No, but I understand how people with poor planning would be if the money isnt withheld for taxes

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Unknown5uspect
01/27/23 10:54:22 AM
#29:


megamanfreakXD posted...
You can never have enough money.
Why do you think this way

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EndOfDiscOne
01/27/23 10:56:07 AM
#30:


indica posted...
I already get taxed 35% so probably but I shouldn't. Also, my guess is if I had 10 mil I could afford accountants that would have me pay less than 35% let alone 50% just like all multimillionaires currently do
Interested in starting or purchasing a business? Thats how rich people lower their taxesby spending money in business. Youd have to plan ahead. If you wait until you file your taxes, no CPA is going to do much to get your taxes down.

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Returning_CEmen
01/27/23 10:58:44 AM
#31:


If I was making $5 Million+ dollars in profit I would be happy and grateful

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SSJ5_Goku
01/27/23 10:59:51 AM
#32:


VeggetaX posted...
No because I still have 5 million to use.


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CommonStar
01/27/23 10:59:51 AM
#33:


No, that's still more than enough money than I would spend/need.
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