It doesn't fukking matter, once it's set in law it can be any income after Time. Like how you sidestepped how big of a deal taxing unrealized gains are. It literally prevents gaining wealth.
Anything can happen at any time.
Who cares? It starts at one level and then transitions into others over time. You're not winning, this isn't a got you. It doesn't matter what fukking level it is once it's a law could be any level over time. That answers your question.
What income level was it supposed to be?
If it was going to be a law, it could start at this level and then end at that level.
Do you even know what income level it was going to be? Or did you assume it was going to be universal?
What are you fukking saying? It doesn't matter the income level. You can't make a law based on income levels. That's discrimination. I've answered your question 12 times. Who cares what level they start at. Once you make a law it applies to the citizens.
Exactly. He's trying to make an argument that "oh they're going to tax the rich first." So the fukk what?
Everybody's fukking taxed. Whether it's based on income, sales tax, or any other fukking tax. You're not making a point you're arguing nothing. That's still not a law based on discrimination.
Have you ever filed taxes?
Are you familiar with the concept of progressive taxation?
It’s a wealth tax. It would have applied to those with a billion in assets or 100 million in income for three consecutive years. Approximately 700 people. It’s a way to reach all the income that is protected from taxation through shenanigans.
Is all income taxed at the same rate?
