I am not advocating lowering taxes, just not increasing them beyond what is sensible.
Also, I sincetely doubt the richest people in America see me as an indentured servant. You are being overly dramatic.
just not increasing them beyond what is sensible.
No, you openly said raising them currently isn’t a good idea, which is a fucking stupid Take that shows you’re totally clueless on the topic
“I am not opposed to increasing taxes necessarily”
First line, first comment.
What amount of taxes for the wealthiest people makes sense to you? Keep in mind that the top 10% of earners own 50% of everything.
You’re right that I was being dramatic about them seeing you as an intendentured servant. They don’t fucking care if you exist at all. You’re less than a slave to them, and that is the harsh reality. You’re the peasant sold with the land, but effectively cheaper than that. You’re expected to work and manage their capital, their investments, and if they don’t object, then you can eek out part of a meager existence on the scraps they can’t be assed to pay someone else to account for.
You think I’m lying, or being overly dramatic about that? Consider this. Last time I checked, which was over 10 years ago, each Walmart employee was on average, a $40k net loss to their Local community. Walmart’s heirs will never have to work a day in their life, their great great great great…grandchildren will be born rich enough to plop into this world and never need to put in the effort to wipe their own ass. Meanwhile we subsidize their workforce because those people make so little for their effort that they can’t afford the food, transportation, and housing to work their jobs without financial assistance (through taxes) from their neighbors. Amazon is the richest company on the planet, their CEO made so much money, that when he divorced his wife, the settlement was basically the GDP of the UK. His wife became the first Woman multi-Billionaire from that settlement. Meanwhile, the people working at Amazon warehouses can’t afford rent without a second job, and have to piss in bottles during their shifts to avoid the loss on in productivity for a 15 minute bathroom break. African slaves in the US got fucking bathroom breaks and a place to live; modern day Amazon workers don’t. Oh, and let’s not forget that Amazon warehouse workers were forced to work during a fucking tornado, and died because they were not allowed to seek shelter in time.
How’s that for “Overly Dramatic?”
Most of what they own is not private jets and yachts, but means of production, and they should be owned by the capitalists. I should say I am not familiar enough with america to say for sure, perhaps it needs to be a bit higher, but overall it is important that it is not too high. I would say maybe property taxes should be increased to redirect investments from real estate(which lowers housing prices and disincentifises speculation) to more useful things. Corporate taxes should probably be kept reasonably low, and income above 50 per cent at most is definetly too much.
Well, let me help out here.
Jeff Bezo’s effective tax rate was somewhere between 1.1% and 0.98% based on some quick searching. Amazon’s ETR was 6.1% for the same period.
I paid an effective tax of 17.4% last year.
Trump just gave Amazon, and Bezo’s, and everyone making 500 Million or more a year a huge tax break. Meanwhile, I will pay about 1200 dollars more. That’s on top of the tax break they got last time he was in office.
So, what’s a fair amount for the richest, most affluent people to pay in taxes, to contribute to the country they live in, the infrastructure they ride on, the airports they land at and the localities that subsidize their workforce?
Lots of companies have people dedicated to deciding at what point it is cheaper to ignore safety regulations and take the fines associated with their employees dying than it is to follow the safety regulations. Literally whichever makes more money they do it, they give zero shits about you. They will replace you in a heartbeat the MOMENT a machine can do your job for cheaper. It may be five cents a day cheaper and they will drop your ass in a heartbeat and let you starve with not a care in teh world.
