America's wealth gap 'unsustainable,' may worsen: Harvard study

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Londo_Jowo

Lifer
Jan 31, 2010
17,303
158
106
londojowo.hypermart.net
I'm not sure you understand this isn't a 1% problem. I know people who have relocated to other nations for various reasons and being rich isn't one of the.

For many nations you pay tax where you earn the income. If you are in country X but are a resident of Y then you pay X. Why not? You are benefiting from working there, but with the US it's different. You pay X AND the US even though you aren't doing anything having to do with the US. It's a citizenship tax, nothing more. For those who aren't wealthy it makes sense to ditch it or else have it eat your earnings into oblivion.

If anyone knows otherwise I'd be glad to hear it, but that's what I'm being told.

Dave needs to explain to these people why they should be considered rich.

http://money.cnn.com/2013/10/30/news/us-expat-tax/
 

Matt1970

Lifer
Mar 19, 2007
12,320
3
0
You referenced France, not Right Libertopian ideology. What's wrong with France?

Yes, we did have minor decline among the middle class during the 70's, after the Kennedy tax cuts. Basically, you claim that pouring gasoline on a fire won't make it worse.

Weren't the Kennedy tax cuts in 1964?