More Than 400 Millionaires and Billionaires Call on Republicans Not to Cut Their Taxes
13th November 2017
Not one of them, however, is writing a massive check to the Treasury. Ever wonder why?
It’s not that they don’t want their taxes cut; it’s that they don’t want other people’s taxes cut, other people who compete with them for high-end goods and services.
You tax Bill Gates at 50%, he never notices. You tax some mid-level executive at %50, and his kids can’t afford the kind of college that Bill Gates went to.
Whenever something sounds too good to be true, it usually is.