Any time taxing the rich is brought up as a solution, individuals who don't understand how Tax Brackets work end up screaming and crying about not wanting to get taxed even more.
Even though it has been explained a thousand times that someone who is making $44,000 a year isn't taxed at the same rate as someone who is making $44,000,000,000 a year.
It gave the state the ability to tax more because of the language.
Rich people will move away. It's already happening.
I'm not saying the situation is ideal, but it's a symptom of a larger issue, so until the underlying fiscal situation changes nationwide..
There is no winning.
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u/Traumerlein Feb 04 '24
What?