Saturday, May 13, 2023

COMRADE BERNIE [SANDERS] wants government to steal all the money you make over this amount.

As usual Bernie picks a number above the amount he has plans to 'earn'. This time, however, he is unusually optimistic about his earning potential....

On a somewhat related note (see tweet), Indian Business Gurus had this thought in the comments:
Funny thing about income tax is that billionaires hardly have any income. Majority take low salaries, have most of their wealth in stock and borrow against their shares to fund their lifestyles.
Which, I think, is largely true. Wealth isn't taxable (yet), and interest paid (with limits) is deductable.

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