Or, as the GOP loves it, Work = Bad, Wealth = Good.
In America, if you are a hedge fund manager making $100,000,000 then you pay a 15% tax rate, since your "income" is labeled as "carried interest", and categorized as capital gains.
In America, if you are a working single person making $50,000 you pay 25% marginal tax rate. Plus 6.5% in FICA tax, plus 1.5% in Medicare Tax. Plus whatever your state income tax rate happens to be (in Colorado where I live its around 4.5%). For, roughly, a grand total of 37.5% of your income going to taxes.
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