Nowadays, people are growing more and more wealthy, so wealthy, in some cases, that they are consumed with greed (we all remember Ebenezer Scrooge). But the monthly taxes (and yearly income) are getting higher and higher, and for some people, a large income cannot cover all the taxes. If this keeps up, we may all soon have an income that is similar to that of Bill Gates or Donald Trump or Oprah Winfrey yet we still may not be able to keep up wth the rising taxes. So I ask you:
In how many years will someone with a yearly income of $1,000,000 be considered poor?
I'd say in about 20-30 years, but I'm not a psychic: I can't recieve premonitions of the future, or of the future minimum wage.
2006-12-18
09:40:28
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4 answers
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asked by
0dd1
4