Reply To: Should The Rich Be Taxed? ๐Ÿ’ธ๐Ÿš•

Home Forums Politics Should The Rich Be Taxed? ๐Ÿ’ธ๐Ÿš• Reply To: Should The Rich Be Taxed? ๐Ÿ’ธ๐Ÿš•

#1677141

Any tax hike on the rich or on inheritance would be balanced by a tax break for everyone else.

You don’t know how government works. You’re also talking about much higher rates when you’re talking about taxing wealthy people into being forced to work in McDonald’s.

I thought youโ€™d say that. Iโ€™m not sure if taxes paid 50+ years ago were still enough to pay off an heirโ€™s burden today considering inflation and differing tax rates.

Inflation has no bearing. The remaining money is now worth less as well.

Tax rates might have been higher, depending on when the money was earned.

If it gets taxed every time it changes hands, why should inheritance be any different?

It’s not changing hands in the same way wages, purchases, etc. are. ื‘ืจื ื›ืจืขื ื“ืื‘ื•ื”.