It is an OUTRAGE to consider someone earning $125k/yr as “wealthy” when that income can’t even afford a decent single family home over here in Orange County. People earning $125k/yr already pay 48% in marginal taxes, you want to increase it.. Have you lost your mind?? Have you gone INSANE??
If you are making 125k and can’t buy a house, you should cut back on your spending. No one tells you to live in OC! Move that’s the capitalist way :)! Also, People who earn 125k/yr do not pay 48% in marginal taxes unless your accountant sucked!