This is all hot air. Smart and wealthy people don't pay these taxes because they know how to play the game. And that game is as old as taxation itself.
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But what about the little guy trying to make somethimg of what disposable income is left at the end of the month and outpace inflation/monetary debasement? Why would you even try now with this draconian move? Maybe its by design. Maybe they want the little guy to stay little yet they hail it as taxing the rich
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