• @Wrench
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      -101 year ago

      Yeah. Fuck us in California or any high cost living area even harder.

      • @[email protected]
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        fedilink
        131 year ago

        Typically, when people say tax the high wage earners, they aren’t talking about your average person even in high COL areas.

        I can’t speak for what exactly OP was envisioning, but I generally agree with the comment. In my mind, the tax wouldn’t apply to anybody making less than $500k a year (or $1mil if filing jointly).

        If you’re making that much money… you don’t have my sympathy with taxes. I have family in the SF area, that would be a life changing amount for them.

        • @Wrench
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          01 year ago

          The current wage cap is $160k

          That’s not poor in CA, but that’s still struggling to own modest property territory.

          The problem with federal wage taxes is that it doesn’t account for cost of living. $80k is very comfortable in some areas of the country, and renting a room and living frugally in another.

          • @[email protected]
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            fedilink
            11 year ago

            im with you that that wage cap is too low. But I think it should also be progressive and cut off at like 250k in today’s dollars.