If GOP bill put 50% tax on income above $1 million it would get 90% support
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Poast new message in this thread
Date: June 4th, 2025 1:18 AM
Author: ,.,.,.,........,....,,,..
No one earns that much in ordinary income except maybe some professional service types but very few
The problem with taxing wealthy on income is it’s mostly cap gains
Taxing cap gains at high rates creates all kinds of inefficiencies
In a sane world we’d have very high consumption taxes on luxury / rich people stuff but we are a dumb people
(http://www.autoadmit.com/thread.php?thread_id=5733175&forum_id=2)#48985359) |
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Date: June 4th, 2025 9:20 AM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
France tried this shit years ago and they realized there were like 15 people in the entire country who actual had reported incomes over that amount. in america's case it's basically an asshole tax on athletes and movie stars and everyone else with a brain will be able to get around it
(http://www.autoadmit.com/thread.php?thread_id=5733175&forum_id=2)#48985699) |
Date: June 4th, 2025 5:49 AM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
It also would barely raise any meaningful amount of money
(http://www.autoadmit.com/thread.php?thread_id=5733175&forum_id=2)#48985510) |
Date: June 4th, 2025 7:01 AM Author: AZNgirl PD defending Darnell in Dad's Murder Trial
shitlibs obssession with higher taxes esp on the "rich" is such absurd garbage. when will idiots realize taxation isnt normal for 99.99% of human history u werent taxing every god damn thing
taxes particularly on the mega rich wont amount to shit and will just reduce their economic output, u shld be taxing the most productive richest ppl the LEAST, any society is really functioning only cause of the top 1%, everyone else is just a furking peon retard
(http://www.autoadmit.com/thread.php?thread_id=5733175&forum_id=2)#48985548) |
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Date: June 4th, 2025 9:42 AM
Author: .......,,.,.,.,.,,,,,,.,.,..,.,.
rare credited TT poast
(http://www.autoadmit.com/thread.php?thread_id=5733175&forum_id=2)#48985822) |
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