A four hundred thousand dollar salary and a three-hundred dollar capital gains windfall? So $700k of income in one year, right?
And, if I read this correctly, they’re either paying $9k more, or that $9k that’s being taxed more. Even if it’s the former, that’s 0.02% of their year income…
Millennials are already entering their 40’s and still struggle to buy property. Most of them have given up on having kids because of this. Gen Z might still have a chance but by the time the financial aid kicks in, they’ll be reaching their 40’s too.
And that’s if the conservatives don’t get elected. Which is apparently very likely since new survey data shows gen Z and alpha are leaning towards the conservative party.
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