Master_Dogs t1_ivq6j0k wrote
Reply to comment by noob_tube03 in In divided U.S., Massachusetts turns deeper blue; Turnout in Cambridge, Somerville is under 50% by blackdynomitesnewbag
> It's crazy that the increased tax bill passed. Why not just vote to increase state corporate taxes instead? > >
Why not both?
> With some many schools per capita, surely people must have an expectation that they have a chance at a high income job. Or at least a chance at buying an expensive property at some point in their lives.
I don't think many people expect to become millionaires. 56% of Americans can't even afford a $1000 emergency for example.
> It's also wild that most people don't seem to understand this won't impact billionaires and the rich they claim to hate. This is just a tax on the upper middle class. So good job team. I'm sure the actual law will get all types of carve outs so politicians aren't impacted, but it would be nice if there was a windfall exception so that lottery winners, home sales, and just one time income spikes were exempt
No one who has $1M in assets or yearly income is upper middle class. They're solidly wealthy.
noob_tube03 t1_ivq95g7 wrote
I think you might not understand that the wealthy are well past 1m in assets. You realize you are closer to being a millionaire than something like Bezos right? We are just eating ourselves with these. The median Boston house price is what, 800k? A six figure salary in Boston is not the same as a 6 figure salary in rural Kentucky
FriendlyLurker9001 t1_ivqboun wrote
While you are correct that the .01% needs to be taxed A LOT more, the 1% can handle it as well
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