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2026-01-04 13:10:19 UTC
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≠ hippies->chipper ≠ on Nostr: Based Lunatic Caleb James DeLisle nprofile1q…f9c0c Former Comrade and Current Flag ...



https://www.wsj.com/articles/top-20-of-americans-will-pay-87-of-income-tax-1523007001

Here it be in America:

1. Working class: households under $60k/year
2. Lower middle class: households under $120k/yr
3. Upper middle class: households above $120k/yr
4. Actual wealth: upper middle class + own business

Taxes are progressive, so hit people who are not poor the most. However, the actual wealthy realize little in income and mostly have "wealth" i.e. income producing investments.