Originally Posted by dave90210

Basically if you make $60,000 and $100,000 in the US with the standard deduction you'll take home around the same amount of money. Anything over $100,000 your taxed in the US at 53% of your income if you live in let's say California.

So how the fuck are you supposed to accumulate wealth in this stupid country??? It seems like all the millionaires are corrupted in some way. I mean It's damn near impossible to accumulate wealth with such a high tax rate.

Is there loop holes you can use if you make over $100,000 so you can keep a decent sum of your earnings if you're self employed?