Simplistically, there are two types of rich, those who use government to tilt the playing field in their favor and those who don’t. The former pay taxes at a rate well below the middle class and the latter pay at substantially higher rates. The blended rate of the two groups is similar to that paid by the upper middle class. But the politically connected rich typically point to the higher rates paid by their nonconnected rich fellows as a cover to demand still more tax breaks for themselves.
Danielle Long and 1 other person liked this