Reply to Marc Elrich…….told you so.

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Rich white people are snowflakes apparently.[/quote]

Ok? Where do you propose getting money from?[/quote]

Rich white people are snowflakes who overrate their own importance.[/quote]

Okay, we'll just fund the schools with your disdain and snark, perfect.[/quote]

"We" who?[/quote]

Montgomery County? Who do you think funds the schools?[/quote]

[u]Everyone[/u] who pays taxes in Montgomery County.[/quote]

Oh suddenly everyone pays taxes? I thought only rich people did and that's why it's okay to raise the tax rate 10% in an inflationary environment during an affordable housing crisis.[/quote]

Yes, everyone pays taxes. The rest of your statement is a hodgepodge of catch phrases.[/quote]

Yes, everyone pays taxes, I completely agree with you. But wealthy people contribute much larger sums than middle class or low income people. We want them to stay. Montgomery County relies on the revenues from rich people. If you can offer a different paradigm for funding our schools and public services please feel free to share that.[/quote]

DP here. The majority of tax revenves come from the middle class, just because there are so much more of them than the rich.[/quote]

Factually false with respect to income taxes.  At the Federal level, in 2018, top 1% paid over 40% of all individual income taxes, which was an increase from 33% in 2001.  The top 50% paid 97% of all individual income taxes.  Bottom 50% paid 3%.  Top 1% paid more taxes than bottom 90% combined.  Read these numbers carefully.  They are the reality, and CA and NYC very much are aware of this reality.  Social programs are funded by the rich!

Since presumably the rich live in more expensive residences and presumably consume more, they no doubt pay higher property taxes and more sales taxes, though no doubt those percentages are not as extreme.  As noted before, MoCo needs more rich people, and has a real opportunity to attract more with sensible radically moderate policies, not left wing silliness.

https://taxfoundation.org/federal-income-tax-data-2021/

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