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POLITICSBiden Administration to release 2023 budget today including a new 20% billionaire tax(finbold.com)
submitted 3 years, 9 months ago by Yoshie5Bronze | QC: CC 20 to /r/CryptoCurrency (10m)
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[–]atsepkov :moons: 709 / 709 🦑2 points3 years, 9 months ago

This is what the masses don't get, when you vote for these laws, they don't affect millionaires, they affect our children after inflation makes us all "millionaires". The original tax enacted in 1916 was only 1% on the general populace, and 7% on the ultra-rich. Look at where we are now.

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[–]jordanmindyou1 point3 years, 9 months ago

The original tax? 1916? Are you saying there were no taxes before the year 1916? Where’s my time machine

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