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[–] 1 point 1 year ago

If you make $50k annually and are taxed at a flat 25%, you're paying $12,500, leaving you with $37,500.

If you make $500k annually are are taxed at a flat 25%, you're paying $125,000, leaving you with $375,000.

It's a hell of a lot more difficult to support yourself and your family on $37,500 than it is on $375,000.

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