Let’s do 100% income tax kek
Let’s do 100% income tax kek
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For people making over 5M? Then make that into UBI? Sound's pretty based to me.
JUST
can't tell if that's shopped or if she's a legit horrorshow
yes, because that's exactly what someone like clinton wants...
Not radical enough!
169% income tax!
>decades of spending on a deficit
>people born in the 60s reaching SS age
>foreign wars
>infrastructure is becoming dated
Realistically the average person will be expected to pay 50% of their income on taxes in our lifetime
okay Billary
*healthcare not included
There are people who unironically thought this crazy eyed fucking psychopath should be our leader
The problem isn’t that tax rates are too low the problem is that rich people get so many fucking tax write-offs most of them basically aren’t even paying taxes at this point. If the problem was just tax rates being too low then Amazon would’ve at least payed some taxes, instead they paid absolutely nothing and still got refunded.
Now Republicans want to cut tax rates even more because they look bad on paper, and, because our current revenue clearly isn’t enough, Dems are just going to keep raising them until the middle class is destroyed, and the rich will still be paying next to zero.
but only on crypto
this, I disregard any pro-tax shill who does not first and foremost address the already outrageous tax rates levied on the middle class who pretty much have no hope whatsoever of accumulating appreciable wealth almost entirely because of the existing tax schemes. And taxoids just want to fuck them even harder lmao, it’s insane
unless we bring overseas wealth within the borders then we're good
just vote trump and trust the plan bro
biden says hes only gonna tax people who make over 400k though. How is that middle class?
Gut social security, Medicare, medicaid, ebt, section 8, and chips. If it saves the average tax payer only one dollar per year it was worth it. We can save more by not giving money to our enemies in Israel and Africa in the form of humanitarian aide. Just the end of the office fauna jobs where pencil pushers oversaw disbursement of these stolen tax dollars will yield almost as much saving as cutting the programs did. Everyone forgets about the administrative costs of these things and say it's not worth cutting to save such a small amount. When there's a budget problem you always cut the least important expenses first. In this case it's social security, medicare, medicaid, ebt, section 8, and chips
muh vagina
>biden says hes only gonna tax people who make over 400k though
>unironically believing this
laffin
this is not going to bring in barely any new money. just going to shoo away those with capital.
its not 1950 anymore. i can get a swiss account in a few days without any connections or risk.
Because 400k is middle class you poorfag. Two GS15’s working for the government are bringing home 400k a year.
If you run a business and operate at a loss the only way to get tax revenue from them out be a wealth tax.
YOU NIGGERS WRE SO LOW IQ ITS JOT EVEN FUNNY
>government raises tax, lowers tax, literally doesn't matter if number is high or low
>obscenely wealthy individuals, large corporations, and smart money dodge the tax with write-offs and smart accountants
>middle class wagie, small business and dumb money pays the tax
>poors don't matter they don't contribute to society anyway
>middle class disappears
this is what they want
regardless of this being wrong, it’s beside the point. the middle class already gets bled for 22-32% straight up on their income, this is ridiculous on its face. Then add in state tax, sales tax, property tax if heaven forbid you try to own something, and health care premiums (which are effectively a tax), and you’re lucky to get away with half of what you earn. Half! Even if the rich were paying their taxes in full (they don’t), the millions they would lose would have no effect on their quality of life, whereas the poor sap making 50k effectively has to make do with 25,000 measly dollars a year, most of which gets soaked up by bills, food, and rent/mortgage. Throw a little debt in there and it will literally take someone years to get any capital. The tax burden is by far the most onerous on the middle class
youtube.com
One of her merits she's a woman.
>Lets take from the most productive and give to the least
Instead of figuring out how the tax code works, you have shown yourself to be a failure in this area and point the finger elsewhere. A tax book is less than 30$. Get a clue you two.
This.
The tax code is accessible to you sherlock. Get to reading or shut your mouth. You can't complain about something you fail to take responsibility for.
you are a moron, where did I say the rich were wrong to avoid paying taxes. No one should pay them, they’re immoral
This. Capitol gains tax will put the middle class back firmly under and additional boot. 1%ers will dodge.
The biggest lie democrats tell over and over again is "gosh we'd love to do healthcare/programs, by wouldn't you know it? We are plum short on money!" and then the voter lap that bullshit up and are made to believe the reason they don't have healthcare is because that mean ol' Bezos!
The premise that the government doesn't have enough money and will spend more money well. You have to be full on retarded to buy that.
As someone who studies and has studied business law, the tax code, economics, and finance, anyone can start a business and learn how to grow wealth as such. Expenses are tax deductible. The fact that you fail to change your perspective and take hold of reality does not make "da rich" at fault, but you yourself.
HOWEVER, the way the United States' tax code is headed and is currently set up IS pointed towards the direction that gives businesses and government all the power. Namely businesses and by consequence government. He who has the gold makes the rules. Without tax revenue from the rich and businesses, the government would likely fail within months. If not a year. The middle class getting taxed is nothing new, as there is nothing new under the sun. The people at the top generally want only more power and control, and by having an inefficient and outright wasteful government that doesn't empower individualistic wealth growth, you have the people at the top, by quantifiable measure, becoming more powerful.
The same thing goes for speed limits, and so on. Not enough decent and God fearing men have gotten into politics and law, and the consequence is that those that follow the devil have seeped in.
This is America's own fault. The second the 2nd amendment had additions and clauses added was the second the government turned against the American people. And guess what. A kingdom divided against itself cannot stand. Businesses and the government are the actual parasites off of the real producers. 1/2
2/2 The reality of the situation is, we could all be working 30-40 hr work weeks and be supremely wealthy if it weren't for such inefficiencies being made. This is all a product of sin, and self servitude.
Money was designed to serve a purpose because it would not make sense to trade a cattle for a house. It is a more definitive way of trading. Once you let someone have power over the medium with which you traxe trade is when a war has been waged. Why do you think banks make so much? In what just world does a bank get to control the accepted means of trade? How is there no conflict of interest there?
I mean for all intensive purposes, we have ex bankers working with and in the "Federal Reserve" (which by the way states clearly that their interest is not for the American people, but for "maximum employment", not necessarily gainful employment, among other things).
The web has been strung up and a number of people are getting caught in it, but defeatism and bitterness is no proper response. For it's emotional and should drive you to resolve the issue, not fester over it.
Find solutions and learn to work with your brothers. This is how America came about, and how power changes happen. Until then, a life of self servitude only pays destruction. Just loom at America and where it's headed, or any other corrupt country for that matter.
Sorry, I misinterpreted.
>I'm here for the interview
Except the rich aren't the most productive you dumb faggot. Wealth is literally not linked to productively. A person with 5M will earn 10 times (400k per year from just the market index) more than an average person earning 40k by literally doing absolutely nothing.
Don't pretend a guy making 10M per year is working 200 times more than a guy making 50k. You unironically think Bezo's is working harder today than he was back when his business was a startup online store selling books? You think people born in the worst situation and subsiding them with better education and opportunities is not great investment towards the nation? I was memeing on 100% tax because this is a meme thread, I am for higher taxes processive tax I am for though and maybe even additional brackets.
But don't be a fucking an absolute cuckold for rich people and have some self respect for yourself and people in your country.