From 2014 to 2018, such households saw their net worth expand by about $65,000 after taxes on average, mostly due to the rise in value of their homes. Others own commercial buildings that steadily rise in value but nevertheless can be used to throw off paper losses that offset income. Their wealth derives from the skyrocketing value of their assets, like stock and property. Can you explain how this system works? These include raising the tax rates on people making over $400,000 and bumping the top income tax rate from 37% to 39.6%, with a top rate for long-term capital gains to match that.
These households saw their paychecks expand by about $65,000.
( z0 see :ARG0 ( z1 household :mod ( z2 this ) ) :ARG1 ( z3 expand :ARG1 ( z4 paycheck :poss z1 ) :ARG2 ( z5 about :op ( z6 monetary-quantity :quant 75000 :unit ( z7 dollar ) ) ) ) )
(z0 / see-01
    :ARG0 (z1 / household
              :mod (z2 / this))
    :ARG1 (z3 / expand-01
              :ARG1 (z4 / paycheck
                        :poss z1)
              :ARG2 (z5 / about
                        :op1 (z6 / monetary-quantity
                                 :quant 75000
                                 :unit (z7 / dollar)))))
These households saw their paychecks expand by about $ 65,000 .
z1 :mod z2
z0 :ARG0 z1
z4 :poss z1
z3 :ARG1 z4
z0 :ARG1 z3
z3 :ARG2 z5
z5 :op1 z6
z6 :unit z7
z6 :quant 0