re: #50 FemNaziBitch

Annual income versus accumulated income. They’d still be billionaires accumulating more wealth. It would just slow down their rate of accumulation - but only by a bit. Most of their wealth comes from investment, not actual earned salary.

Investment income is treated differently than earned income (which is what most people live off of). Investment income - long term investment income - capital gains, is treated at a lower income tax rate than what most people pay (15%).

The Waltons would do well no matter what the ultimate tax rate is on the top tax bracket.