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RE: ‘Nooooooooooo!’ and other idiotic reactions to the Massachusetts millionaire tax court ruling

People are shtupid!

The believe the lie about the "rich"

The "rich" do not pay any taxes.
How much should Bill Gates or Steve Jobs pay on their $1 per year salary?

Who does pay the taxes, the ones who are called rich by the tax code. Upper middle class families. Any family with two professional incomes qualifies as rich.

And, with inflation being 12%, how long before a good number of families fall into the "millionaire" club?

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yup, you could stay in MA and pay $90,000 a year to the state on a million dollar income or go to NH and keep your $90,000 and buy a helicopter. seems like a no brainer.

where did you get your 12% figure?

shadowstats
I also like the burrito index which places inflation even higher

I bought 12 gallons of gas for like $16 the other day. I haven't had a burrito for a while, I just checked online and apparently the taco truck I went to 7-8 years ago still has 50 cent tacos. That guy seems to have been predicting hyperinflation since at least 2012.

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