C
Cole Younger
Guest
recoup the money they're losing? ie - it will be passed on the the middle class consumers.
Do you actually think the ultra rich will say "Oh well I lost money due to the Obama tax plan, but hey I not going to try to gain it back. I'll just accept the loss after all it's my patriotic duty."
So while the middle class may not be paying the tax directly, they will be paying in at the end. Because any monies lost due to the higher tax rate will be recouped by passing it on to the middle class consumer
Do you actually think the ultra rich will say "Oh well I lost money due to the Obama tax plan, but hey I not going to try to gain it back. I'll just accept the loss after all it's my patriotic duty."
So while the middle class may not be paying the tax directly, they will be paying in at the end. Because any monies lost due to the higher tax rate will be recouped by passing it on to the middle class consumer