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I personally believe having over 100 million dollars is vain and 100% needless but if someone worked for their wealth, I don't believe they should be shamed and having their money taking away from them by heavy taxing them because it seems unfair to others who might be suffering from envy or bitterness.
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there's a long long long list of things that bother me about the system, NOT THE PEOPLE... but the systems in place (and I say that plural, because it is not just the taxes)
for example... and the latest example, how the people in control of the economy just changed the rules to allow AI companies to become "the richest" when they literally have NO MONEY, but only the promise to make you "virtually rich" over the next decades, on a project that it would take centuries to develop...
that's just stupid
No, it’s the most stupid idea ever.
California wants to start taxing the rich 5% because…. Well they are rich.
Tax the rich and they can just lay off workers to make that money back.
People cry because Elon is now worth a trillion dollars BUT he directly employees 150,000 people.
You take 5% that’s $50,000,000 from Elon don’t you think there will be some people who will lose their jobs because of that?
How about this… instead of looking for new places to steal money why don’t we cut costs and eliminate waste, fraud and corruption.
Not really, even tghey pay the same percentage as the rest of us they still pay more,
On a tx related note, remember when the leftists who used to say "sex work is real work" got pissed off when people helped them remember to pay their taxes for this real work
Beautiful. Just beautiful...
It's totally unethical to tax the rich just for being rich. And I say this as someone who's completely devoid of ethics.
There was a progamme about it last week on Channel 4. I've been meaning to watch it on 4OD.
Simples...
Yes. First off you have to look at it as a balancing act. There's a reason so many companies start in the United States. We have a massive consumer market. Think of it as the cost of doing business. But a lot of businesses will ship the raw materials to China have them assembled there and the shipped back to the United States for distribution. Don't feel the LEAST bit bad for businesses. They're ALWAYS going to do what's best for their bottom line. What you NEED to be concerned with is how the UNITED States spends the taxes they collect. If the taxes ever get too high business will go elsewhere. But the fact of the matter the Unitted States is still the best game in town.
I am in favor of the Eisenhower era progressive income tax system that taxed the personal income of the wealthiest at a higher rate but gave them tax write offs if they reinvested their income in businesses that provided jobs and benefited the economy.
People with incomprehensible levels of personal wealth have too much power. They usually use that wealth for nefarious purposes like influencing government to their personal benefit.
Taxation is theft. Its simple as that. All taxation is unethical. And before anyone says "wE nEeD tAxEs To HeLp ThE pOoR" They literally just print money; they don't need it. When they pass a new billion-dollar war, they rarely raise taxes. Because they don't need too when they can just print a billion dollars
I would argue that overtax minimizes the risk of unethical political and societal impacts by singular persons, e. g. Elon Musk. We don't need his drug-riddled brain cooking up scenarios where he needs to pump money into politically extremist fringe groups in Europe.
Did you vote greens party?
On the state level a few times, I guess. How is that relevant to this question?
That's just the impression I got from your comments
Your impression is skewed then, because 90% of the time I voted for Social Democrats (major center-left party) and Christian Democrats (major center-right party).
Wow, so you don't support political parties the way people support sports teams but I am shocked because of Christian democrats
The state, as an institution, generally seeks to preserve the existing system. That system represents society as a whole rather than any single individual. However, power is not distributed equally; a small minority is often able to exert greater influence over politics. Politics, in essence, is the competition over who gets to wield authority within the state
They’re not Somalians. They’re not getting rich because they are stealing tax dollars. They get wealthy by working hard and creating something people want to purchase. Take away the money and innovation will stop.
Sure, give the rich swindlers who rob you and every other American and keep you from having a Universal Basic Income, and Health Care, among everything else citizens of every other First World nation take for granted a nice b. j.
You're not entitled to no damn income you didn't work for nor free Healthcare.
Work for your own stuff.
These POS are largely trust fund brats ala Trump ("Fortunate Sons," about whom Credence Clearwater Revival sang when I was a 15-year-old tenth-grader in 1968) who are swindling you, boy-o. PLEASE take your head out of your a**. And we blacks have been worked like animals (more than 250 years as slaves like my great-great-grandparents, then as sharecroppers like my maternal grandparents) since we were brought here in chains 407 years ago. Since our weaalth was stolen from us, H-C-G, you can stick that "Work for your own stuff" BS right up your a**, pardner.