My dad (long time conservative but can’t get on the trump train which is good at least) thinks that “tax the rich” means people like high end doctors and surgeons. People who are absolutely in the top 1% but like “has a nice weekend car and maybe a lake house” not people making millions of dollars per month or week (or more)
“The difference in wealth between a surgeon and a billionaire is about one billion dollars, it’s the billionaires that need to pay more taxes, they pay a smaller % than you.”
That’s one of the arguments my dad makes too, depending on the source he pays like 1-2% in taxes on a given year which was over a billion dollars last year.
And at one point it was pretty close to that in many parts of the West. For as much as American conservatives want to go back to the 50s socially, they don’t seem keen on bringing back the fiscal policies of the time…
The top 1% make roughly $600k per year, or probably more significantly (as not all rich people get “income”), a net worth of $11million according to this article
So yeah, maybe some doctors are in that category, but it’s probably just the real big earners.
Yeah, it’s hard for the human mind to comprehend how much money a billion dollars actually is and neither of the two major political parties in this country want to expand it to them
My dad (long time conservative but can’t get on the trump train which is good at least) thinks that “tax the rich” means people like high end doctors and surgeons. People who are absolutely in the top 1% but like “has a nice weekend car and maybe a lake house” not people making millions of dollars per month or week (or more)
Your dad thinks that people earn money by working for it. In other words, he’s what would be a normal person in a socialist society.
All you have to do now is teach him what capitalism is.
“The difference in wealth between a surgeon and a billionaire is about one billion dollars, it’s the billionaires that need to pay more taxes, they pay a smaller % than you.”
How the the story of the nurses who pay more tax than Bezos didn’t result in a landslide for progressives, I’ll never understand.
More as a percentage* than nurses.
That’s one of the arguments my dad makes too, depending on the source he pays like 1-2% in taxes on a given year which was over a billion dollars last year.
Which is hilarious. That percentage should be around 40-50% if not more.
And at one point it was pretty close to that in many parts of the West. For as much as American conservatives want to go back to the 50s socially, they don’t seem keen on bringing back the fiscal policies of the time…
Propaganda is a helluva drug
The top 1% make roughly $600k per year, or probably more significantly (as not all rich people get “income”), a net worth of $11million according to this article
So yeah, maybe some doctors are in that category, but it’s probably just the real big earners.
Yeah, it’s hard for the human mind to comprehend how much money a billion dollars actually is and neither of the two major political parties in this country want to expand it to them