To take housing as an example, low-income Americans live in worse neighborhoods than their middle or high-income counterparts.
That means dividends paid by a C corporation to a high-income shareholder faced an effective tax rate of 96 percent!
Many of these high-income metros also have high costs of living.
That problem is only compounded in the courtroom, where high-income husbands can assemble what Weitzman calls “legal dream teams.”
The Democrats had become a party of high-income voters allied with low-income ones.
Needles to say, no other high-income country behaves like this with deadly weapons.
And it's why they basically caved on the Bush tax cuts, ultimately agreeing to significant tax hikes on high-income Americans.
He named a spot—a high-income residential small city some forty miles from the planetary capital.