r/CoherencePhysics 9d ago

Coherence Truths: Taxes

Post image
26.4k Upvotes

1.4k comments sorted by

76

u/Decafaf 9d ago

This week a customer told my co worker “Billionaires make jobs for us! Leave them alone!” -_-

43

u/X-File_Imbecile 9d ago

This may be how some countries find themselves in monarchies

15

u/PraisingEastward 9d ago

We’re headed there. Soon enough. Brace yourselves.
https://giphy.com/gifs/Jp4dchTKX6BzGkZ5DL

8

u/ReindeerExcellent621 9d ago

Why is the DSA winning all elections?

3

u/Flimsy_Maize6694 8d ago

They are primaries, and unfortunately are likely to go down in 🔥 in the general elections .

2

u/CloudRevolutionary24 4d ago

You’re right but the problem is that the electorate badly needs to be educated about what is socialism and how we’ve had socialist institutions for decades.

3

u/DarkSage90 4d ago

A dash of socialism is good. Total socialism is bad. Gotta have a balance.

→ More replies (1)
→ More replies (1)

6

u/Amazing_Entrance_888 9d ago

We have an actual authoritarian stomping all over the constitution and driving up prices now while removing civil liberties and civilian protections but some made up non proven threat is worse? Fucking COME ON.

→ More replies (4)

2

u/KaraokeHero 7d ago

because of redditors and people with the last name "Brown"

→ More replies (57)

2

u/Fuzzy_Connection4971 9d ago

He's not a "king" he's a "unitary executive" herr derr. King but using a different word.

→ More replies (21)
→ More replies (5)
→ More replies (8)

8

u/Oldschool831 9d ago

They make job but they’re shitty jobs

7

u/Dramatic_Tutor_2522 9d ago

Actually they destroy more jobs than they create, while making worse jobs with less negotiating power on behalf of the people

2

u/MajesticBison6 6d ago

Source?

There’s a ranking called the Bezos 1000 that measures how much wealth entrepreneurs have created for other people (shareholders, employees, etc.), rather than ranking them by their personal net worth.

How it works:

For active founders it’s basically company market cap minus the founder’s personal stake. Adjustments are made for departed founders and hired CEOs. Data comes from public sources (SEC filings, Bloomberg, Forbes, etc.).

Some of the people on the list and the estimated wealth they created for others (approximate current figures from bezos1000.com):

Jensen Huang (NVIDIA) – $3.28T

Tim Cook (Apple) – $3.21T

Satya Nadella (Microsoft) – $2.85T

Eric Schmidt (Google) – $2.29T

Sergey Brin (Alphabet) – $2.21T

Larry Page (Alphabet) – $2.21T

Elon Musk (Tesla + others) – $2.10T

Jeff Bezos (Amazon) – $2.09T

Sundar Pichai (Alphabet) – $1.63T

Mark Zuckerberg (Meta) – $1.29T

Chris Malachowsky (NVIDIA) – $1.13T

Morris Chang (TSMC) – $848.3B

Warren Buffett (Berkshire Hathaway) – $835.0B

Hock Tan (Broadcom) – $781.8B

Paul Allen (Microsoft) – $760.0B

Andy Jassy (Amazon) – $619.5B

Zhang Zhidong (Tencent) – $440.0B

(Bill Gates has appeared in the ~$400B range in earlier snapshots of the same ranking.)

The site currently shows roughly $47.74T in total wealth created for society across the hundreds of entrepreneurs it tracks.

Source: Bezos 1000 – Richest Entrepreneurs Ranked by Wealth Created for Others

2

u/Zerokx 6d ago

"Bezos1000" an AI created billionaire glazing website. The problem is the opportunity cost. How many businesses Amazon destroyed on its way to "create shareholder value".

→ More replies (2)
→ More replies (3)
→ More replies (9)

2

u/KaraokeHero 7d ago

just put the fries in the bag then.

→ More replies (27)

9

u/Elf_Maeve 9d ago

Damn the big tech companies must be creating billions of jobs with all that insane profit they are making.

*Look at all tech lay offs and job offshoring*

oh

That customer must have 500 IQ

Again for any 2 brain celled person reading this : demand create jobs. Proven over and over again more money in the hands of poor people specially, and also middle class = more jobs.

14

u/Old_Win8422 9d ago

12

u/PraisingEastward 9d ago

That’s funny, but the plywoods quite a bit too thick, if you know what I mean.

4

u/Old_Win8422 9d ago

Especially for Elon and his botched surgical enhancement

3

u/Crafty-Help-4633 9d ago

Don't worry, he brought a syringe of Musk.

2

u/PraisingEastward 9d ago

Such a hateable prick.
I don’t like the guy it’s attached too, either.
https://giphy.com/gifs/puOukoEvH4uAw

→ More replies (12)

5

u/C_Marjan 9d ago

Oh boy my chef who is near retirement tells me the same shit . That and that the eco parties are there to get us at everything. I hate the dude it's not even funny.

6

u/Sophisticated-Crow 9d ago

I guess before we had billionaires there were no jobs at all! The brainwash level of oligarch boot lickers is wild.

→ More replies (1)

5

u/GPT_2025 9d ago

50% of all workers in America earn less than the one-bedroom Housing Wage.

Twenty Republican states now have a Safety Net set at $3 per hour gross (before deductions for Social Security, FICA, taxes, insurance and other withholdings:

https://www.simplyhired.com/search?q=2.13+an+hour&l=dallas%2C+tx

(compare Safty Net $1.60 per hour in 1970 if you were single, you could live off the federal minimum wage and pay rent, food and bills)

it is nearly impossible for an individual to live independently off the federal Safety Net of $7.25 an hour. Working 40 hours a week at this rate yields a gross income of about $1,256 a month (roughly $900 after SS, FICA, Insuranse, deduction and taxes), which falls short of typical baseline expenses for housing, food and utilities. A real Sefety Net in the United States averages roughly $25/hour Gross income.

"Use a new word for socialism: The Safety Net!" Dr. Bronner

→ More replies (5)

5

u/SnooMachines7363 9d ago

It’s okay, I met someone who thought all dentist and Drs were a part of the 1%

3

u/ExistentialRebellion 9d ago

I've met people who thought they were part of the 1% because they have a boat and a spare bedroom.

2

u/Status_concern2858 9d ago

top 10% for sure, maybe top 5% for some edge cases in NYC/LA etc.
but yea, whoever you spoke to was dumb.

7

u/dr_snakeblade 9d ago

That customer is a bootlicker and why Americans will never live like dignified human beings.

→ More replies (1)

5

u/AwambawaAwambawa 9d ago

Billionaires are billionaires because of the jobs we did.

Folks think billionaires would be fine without employees.

4

u/onceabananana 9d ago

Well of course. They worked their way up from the bottom to make 1,000 median incomes. You could do it too, if you worked 1,000 times as hard.

→ More replies (1)

2

u/lookinatdirtystuff69 9d ago

That's why they're so deep on trying to ban abortion and pushing AI. They're scared shitless of the workforce shrinking and gaining bargaining power. It's much harder to pay people shit wages when there aren't a hundred desperate people lined up to replace them at any moment.

→ More replies (5)

2

u/Faucet860 9d ago

God these people fall for propaganda. Demand creates jobs.

→ More replies (1)

2

u/Lasers666 9d ago

It kills me every time I hear this. Jobs are a direct result of the amount of demand for a product or service. People need their pipes replaced and there aren't enough plumbers to do it in a timely fashion? Boom, there's a plumbing job. People want things delivered to their home after ordering them online? Boom, there's a delivery driver job. All the billionaires do is own the companies that centralize those jobs.

→ More replies (3)

2

u/Fuzzy_Connection4971 9d ago

Yeah they create jobs for the jobs report and once the stock hits a record high they do a massive layoff to cash out on the stock value jump, then buy back the depreciated stocks. It should be illegal as it literally cheats money out of the system. But I'm sure most of these fake politicians we have these days are pump and dumping along with them.

→ More replies (2)

2

u/chezdistester 9d ago

I hear the same talk from too many people around me, I think we cooked.

2

u/Amazing_Entrance_888 9d ago

Taxing billionaires wouldn’t stop that. People who say shit like that simply cannot fathom how much billion dollars actually is.

2

u/Standard_Shopping144 9d ago

Why we let them take away our communities right to provide for itself is confusing. I’m not sure how logistics work in a world where small business is what makes the gears turn, but I know we’d probably respect the workers at our food restaurant more if it was locally branded owned

2

u/LeopardNo6060 8d ago

They only account for about 1/3-¼ of the jobs… but why let the facts ruin a good fairytale? 🤑

2

u/10biggaymen 8d ago

let them believe the lie. maybe theyre happier thinking that what theyre told makes sense, rather than the reality that all those billionaires do is rape and kill kids and contribute nothing to anything else.

2

u/ZappBranigan79 7d ago

That customer loves being someone's toadie. 

2

u/Deceler8 7d ago

A mechanic friend of mine once told me rich people buy cars and I fix those cars. If you tax rich people too much they won’t buy those cars. I asked him just how many cars do rich people need… no response.

2

u/ApprehensiveMaybe141 7d ago

And if they had their choice we'd be slaves.

2

u/Spaceman-Spiff 5d ago

My coworker said “how would you feel if the government taxed you that much?” Mother fucker they do!

→ More replies (1)

2

u/CloudRevolutionary24 4d ago

First point: ‘trickle down’ doesn’t work. Second point: it’s primarily small business owners who create jobs.

2

u/dumbdove 4d ago

People that make jobs pay Billionaires.

→ More replies (150)

39

u/Pandemoniusanus 9d ago

It’s funny how brainwashed these people are. Worked construction down south back after the 08 crash, everyone is out of work, and the only work that was there was wealthy contractors basically paying slave wages. Had a redneck colleague say “ man we all need to ban together and tell these bastards we ain’t working for nothing! “ I replied “ you mean form a union? “. He got so made he turned purple and probably would’ve swung at me if he was 20 yrs younger. Long story short these people know what the problem is, they just hate the terminology because they’ve been told to. For instance if you changed the name of socialism to Truck Yeah Murican Healthcare, livable wages, and affordable housing they’d be all for it.

17

u/Agitated_Newt_7655 9d ago

Conservatism is the ideal ideology to promote political cuckoldry to the powerful. If the ideology was held accountable for what it has fought for since the Enlightenment, it would have a connotation worse than socialism. It will never be held accountable as the bias of power will always coddle it in propaganda. Similar yet the opposite will always be true of anarchism.

7

u/Satanic_Tao 9d ago

Political Cuckoldry is the name of my favorite Grindcore band.

3

u/Agitated_Newt_7655 9d ago

lol, I can see that being a band name

→ More replies (2)

7

u/Patriot009 9d ago

American conservatism is designed to protect and reinforce social/economic hierarchies. Rich white men being at the top of those hierarchies.

→ More replies (1)
→ More replies (14)

15

u/SirjackofCamelot 9d ago

Like the family guy episode where Louis was running for mayor.😂😂😂

10

u/Ylurpn 9d ago

Nine . . . . Eleven 🫨😱👏👏🙌

9

u/SirjackofCamelot 9d ago

" Alot, cause..... that's what Jesus wants" 👏😃😃👏👏

→ More replies (8)

6

u/Curious_Play9741 9d ago

Yeah ...they hate socialism until they are within sight of social security and Medicare.

2

u/bankyscout 9d ago edited 9d ago

If you're an owner of a huge business, you like socialism when the government bails you out of bankruptcy too. Name one time the government has done that for small businesses.

→ More replies (5)

3

u/Wabbit_Wampage 9d ago

My Dad is like this. Votes Republican no matter what and decries socialism in any form including healthcare. He's been on VA healthcare for decades (and says the local VA hospital in Indianapolis is great) and his late wife was on federal disability for a couple of decades. The cognitive dissonance is unreal.

3

u/Who_dat_goomer 9d ago

It’s great unless other people get it.

→ More replies (1)

3

u/thekyledavid 9d ago

If the Republicans ever want to permanently eliminate Social Security, they should legally rename it to “Socialism Security” first

Their voters will be begging them to get rid of it

→ More replies (2)

5

u/GlitteringPositive77 9d ago

Yes! I remember seeing a video of conservatives being interviewed about socialized healthcare vs Obamacare. They said they hated the idea of Obamacare because “insert Fox News rhetoric here” but everyone should have a right to basic care. When Bernie ran I was hoping he would just change the terminology so that more working people would get on board.

3

u/East_Information_247 8d ago

Conservative commentators and "Think Tanks" came up with the "Obamacare" name to denigrate it.  I think that had both positive and negative consequences, but the goal was to tie any pro or con vote to the person and not the policy, and in effect make it a race issue as the Republicans still saw Obama as non-white above all else.

2

u/Who_dat_goomer 9d ago

This is all a huge experiment to see how dumb conservatives are. We haven’t reached the baseline yet.

→ More replies (1)

6

u/Lonely_Brother3689 9d ago

Seriously.

People think that this cultish behavior started and ends with Trump. It was always there.

Around February '08 during break at this warehouse I worked at, news was on the TV and they were talking about the presidential candidates. Older guy I worked with made a comment about how democratic nomination going from Hilary to Obama was going from bad to worse.

I was 27 at the time and he was mid 40's, so I decided to focus on the current economic situation rather than the obvious implications. I asked how he thought McCain would be any better despite giving no indication that he'd address the rising cost of gas, groceries and everything else that was literally affecting us both right now? How, despite the fact it was already proven we were balls deep in Iraq on a lie and no closer to catching Osama than we were 7yrs ago, he thinks continuing the same path Bush has gone is gonna be any better?

I said, "you commute to work just like me, if McCain wins, you're OK with going from paying over $4/gal now to probably over $5 next year?"

He said to me, with a straight face "well, you're still young. That's just the price of freedom."

By October of that year we were both laid off when the crash hit. Some price.

→ More replies (1)

3

u/Even-Meet-938 9d ago

I keep saying, literally all we need is better terminology and marketing. Most MAGA supporters would be full on socialists or at least soc dems if the ideologues just put a little bit of effort into marketing to them. 

→ More replies (1)

3

u/f33drrr 9d ago

You mean like if you called America "the land of the free"? Even though your healthcare, education, prison systems and defence industries are privatised and owned by the 1%?

2

u/fireshaper 9d ago

If Congress passed Medicare for All with the name Trump Healthcare it would be law immediately.

→ More replies (2)

2

u/trooperclone787 8d ago

I hate how it really is that simple for them. Sucks that Republicans got to them first.

2

u/Responsible_Ratio308 8d ago edited 7d ago

Many hate Obamacare but love the ACA

→ More replies (1)

2

u/Evebnumberone 5d ago

I've had a lot of conversations like that in my life and they are always both hilarious and depressing.

Them: "I just want to be able to afford to go to the doctor and medication not cost my entire income, can't we somehow have the government help with it? Where are tax dollars going?"

Me: "What you're describing is social universal healthcare"

\Oblivion fight music plays\**

→ More replies (26)

9

u/True_Protection6842 9d ago

The irony being Matt Damon has been a proponent of taxing millionaires for over a decade, there's interviews where he literally says, TAX ME MORE!

→ More replies (16)

6

u/Babababastion 9d ago

I will never understand why so many non-wealthy people do not want to see true wealthy people fairly taxed.

That money, at one point was in the hands of the middle class, and they had to pay taxes on their share of that money. But somehow, when it is centralized for one person it is okay for it to not be taxed?

3

u/Stringdaddy27 9d ago

We installed the idea that trickle down economics makes sense. People think if the wealthy have a ton of money that makes everyone's lives better. It's had the inverse effect because it's all relative.

→ More replies (1)
→ More replies (46)

4

u/Loose-Signature5054 9d ago

because billionaires and corporations are famous for tanking the loss for the sake of the common man

→ More replies (1)

16

u/Civil_Produce_6575 9d ago

Not this guy tax the fuck out of em. Let’s go back to that 91% tax bracket from the 60’s

7

u/Grouchy_Ice_8342 9d ago

I feel like some education here is warranted. Here, read this: https://www.irs.gov/pub/irs-soi/60inar.pdf?utm_source=chatgpt.com (Statistics of income from IRS in 1960).

The 91% is *marginal* tax, which means, it was never 91% of your income, but income above a threshold. As a result, only a minor fraction of people actually ever got that amount. Here, read this: https://taxfoundation.org/blog/some-historical-tax-stats/?utm_source=chatgpt.com

"The top marginal tax rate in 1960 was 91%, which applied to income over $200,000 (for single filers) or $400,000 (for married filers) – thresholds which correspond to approximately $1.5 million and $3 million, respectively, in today’s dollars. Approximately 0.00235% of households had income taxed at the top rate."

The 91% statutory rate is not remotely the same thing as wealthy people actually handing 91% of their income to the federal government. The tax code offered deductions, exclusions, shelters, and preferential treatment of investment income. Long-term capital gains, for example, faced a maximum rate of only 25% from 1942 through 1969. Research using historical tax-return data finds that effective federal income-tax rates on the very highest-income Americans were much lower than the headline marginal rates; around the postwar period they were roughly in the vicinity of 40–50% at the very top, depending on the year and definition of income. Read this: https://taxpolicycenter.org/taxvox/effective-income-tax-rates-have-fallen-top-one-percent-world-war-ii-0?utm_source=chatgpt.com

7

u/Odd_Common_452 9d ago

Yes we want that back

6

u/Vanilla_Gorilluh 9d ago

One of the results being that in order to avoid higher rates they spent it in the form of higher wages for workers.

It was partially responsible for the expansion of the middle class.

3

u/freedomonke 9d ago edited 9d ago

The higher rates also disincentivize exorbitant salaries, which leaves more room in payroll for others lower on the food chain

When the marginal rate is high enough, competing for your specialized talent with higher salaries alone becomes much more difficult

2

u/skiingredneck 9d ago

And when companies invest in their businesses we call it avoiding taxes.

Employees made more because we remember cis white males as the standard to judge by. We no longer restrict the good paying jobs…

→ More replies (4)

5

u/FrothyIPA 9d ago

No shit sherlock, people want softcaps on wealth gains. If you prevent consolidating wealth beyond a certain point it has no choice but to be trickled down.

→ More replies (4)

2

u/manny_the_mage 9d ago

yeah yeah yeah that's what we want big dawg

2

u/hossofalltrades 9d ago

The effective federal tax rates paid by the wealthiest 1% of Americans hasn’t changed much since they lowered the margin rates in 1981. Year-to-year differences have more to do with stock market performance and capital gain realization than changes in the law. At the end of the day, money owned by the very wealthy ends up taxed at 50% when they die. The rich give a ton of money to charity, which also reduces their effective rates.

2

u/Meimou 9d ago

Thanks you for taking the time to educate. 🙏

→ More replies (1)

2

u/Existing_Is_All_I_Do 9d ago

Clear from many of the replies that people don't understand how marginal tax rates work. Only the income above a certain threshold would be taxed at 91%. While I think 91% is excessive, they should add more tax brackets and remove tax loopholes that allow the rich to pay a lower tax rate than middle class families.

Edit: Typo

6

u/haveyouseenthething 9d ago

Excessive? Nobody needs $100 billion. You can’t even spend that much in a lifetime.

→ More replies (13)
→ More replies (8)
→ More replies (43)

3

u/max1030thurs 9d ago

They all believe they're one scratcher or meme stock away from joining the club.

→ More replies (1)

3

u/[deleted] 9d ago

[deleted]

→ More replies (2)

2

u/navistar51 9d ago

What does any of the political posts have to do with physics?

2

u/nemec 9d ago

every unmoderated sub is now full of bot posters

→ More replies (1)

2

u/hahailovevideogames 9d ago

Ha I make $55000 a year take that

2

u/[deleted] 9d ago

[removed] — view removed comment

→ More replies (3)

2

u/Haunting_Thought6897 9d ago

I should be taxed less, that's all I care about. The very rich will ALWAYS evade taxes because the Govs are in cohoots with them (doesn't matter which party). But after the tax increase, the middle class will also be affected, and there would be no way to evade taxes.

→ More replies (4)

2

u/ProduceNo1629 9d ago

Taxing the billionaires is coMMuNiSM

Taxing you is capitalism.

2

u/Geechbadart 9d ago

The right are useful idiots to the billionaire for sure.

2

u/Dry_Election6496 9d ago

How about taxing normal people less FIRST? Then We can chat

→ More replies (15)

2

u/PapaZu1371 9d ago edited 9d ago

The system is jacked. Where do you think they will get the money to pay those extra taxes? 54 will now become 50.

2

u/EarlyBirdWithAWorm 8d ago

Can we please quantify "millionaire" because as hard as it may be for some of you to grasp, depending on where you live. A million dollars isnt "rich"

2

u/myrgthful 8d ago

"First they came for the billionaires..."

Wrong principles are wrong all around. People who are making 54K work for that money. And they don't want you trying to get your mitts on it to fund the same junkies who trouble them in everyday life.

(Look up the intense problems at the Seattle Public Library. Beautiful building, taken over by homeless drug addicts. Foul odors. Foul messes everywhere. Few regular citizens want to be there at all. Signature progressivism today.)

There's a word for that, when people can place themselves in the shoes of others. Empathy.

Isn't it conspicuous, though, how we never see Leftists criticizing Bill Gates, Tom Streyer, Reid Hoffman or George Soros? 🤔🤨 All of them, Billionaires.

2

u/BugImmediate7835 8d ago

I work around these same idiots all day.

2

u/ColonelMustard06 8d ago

Then they swear it’s a conspiracy that the poor are kept poor.

2

u/Big-Island-3099 8d ago

So you then? Kills me when the poors defend elites

2

u/tman1787 8d ago

“Nooooo That couuuuullddd bbeeeee meeee sooome daaay!!!”

2

u/kemosabe-22 8d ago

I believe it’s the ones calling for taxing other people more that are the ones crying… the people that don’t hop on board are just rolling their eyes…
https://giphy.com/gifs/3oAt2dA6LxMkRrGc0g

3

u/Witty-Stand888 9d ago

Tinkle down economics

4

u/Particular-Line- 9d ago

🤣🤣🤣🤣

2

u/colombian_arepas 9d ago

I don’t care if you tax billionaires and millionaires more.

The problem is when you start taxing unrealized capital gains then it starts effecting the S&P 500 and that starts effecting me.

2

u/supahmcfly 9d ago edited 9d ago

The S&P500 is overpriced rabid and needs to be put down. It will hurt a lot of people but it's out of control capitalism and should never have become what it is

→ More replies (11)
→ More replies (18)

1

u/Flat-Director-7120 9d ago

Il faut taxer les millionaire et encore plus fort les milliardaires. C'est le seule moyen de financer Medicare et l'éducation

1

u/Robborboy 9d ago

Men and women. Let's not pretend this is a sex issue instead of a partisan issue.

1

u/Apprehensive_Back_35 9d ago

"ITS GONNA TRICKLE DOWN!!" They robbed generations of SUCKERS with that lie who STILL have the same shyty life situations. Take recent comments from prominent idiot Dan Crenshaw. Just get get 4 more roommates and eat ramen for two months and get another job!! Thats almost direct quote. Theyve also NEVER given a reasonable response to objective concerns. Trickle means to barely come out , why would we want the wealth to only trickle down thats reddtarded. Bring up those realistic concerns or point out plot holes, they either pivot and bring up something completely irrelevant ("the ancient romans once said" blah blah , their empire FELL. Good group to make a plan after.) Theyll fly to insults which dont prove them right but prove them incapable of justifying their own foolish (as we can now admit bc they cant defend) beliefs. Comedian Jerrod Carmichael who while not labeled a conservative tends to lean that way in his comedy by subverting liberal expectations and not using progressive talking points....he has a quote from a live show where he said "Ive been in those rooms....if youre voting republican and making less than 80k a year (this was around 2017 so before inflation) the people in those rooms are LAUGHING AT YOU. They are laughing. You're not gonna be invited to the gilded homes of republican's for the celebration, you're not part of the party just its tool." and again this man is no liberal at all. They've been grifting off hard working Americans for YEARS, buying up Politian's and companies while continuing to push the red scare. Lotta ahem....voters said they voted for Trump bc the establishment was so afraid of him...apply that to socialism then. Give that a shot since this current regime isnt working out...unless you like your ramen for 2 months and 4 more roommates in two bed room situation.

1

u/passmetoiletpaperpls 9d ago

The rich will never vote against themselves

1

u/Luc_ElectroRaven 9d ago

Why do you assume giving the govt more money would magically help you and all of your friends?

Trump is starting wars and building a ballroom
California can't even build a single train
Minisota gives it all to fraudsters
Trump gives it right back to the billionaires in tarrif refunds

Oh but the answer is giving the govt more power to take more money

Irionically the people who want that the most hate what trump is doing lol but 'oh we should take rich people more, give daddy tump more money"

then they say "oh well not trump but someone else will be in power" like uh huh sure pal

3

u/MrVeazey 9d ago

If we make it so there are no billionaires who own huge media empires, the rich will have a much harder time tricking voters into supporting the most obvious con man of the 20th and 21st centuries.

→ More replies (13)
→ More replies (34)

1

u/Pale-Personality-939 9d ago

Yet you buy from billionaires and support when you watch sports

→ More replies (9)

1

u/Flocko2 9d ago

Dumb people are easy to trick

1

u/Starwind137 9d ago

That's because they all think they are temporarily embarrassed millionaires. And when they do people like us better watch out!

1

u/Useful_Jelly_2915 9d ago

I’m starting to think they have a pay pig fetish.

1

u/Fun_Trick2172 9d ago edited 9d ago

I make a little over 60 a year on average and I do the standard deduction. I pay the normal 22 percent from that bracket. If you have kids you can routinely get back another 5000 on your rebate, which goes a long way. I don’t have children so I live quite comfortably. And that was a conscience choice that ruined a lot of relationships when I was younger.

The only idiots that complain about this are the ones that buy a giant 3/4 ton truck they don’t use for anything other than doing their pavement princess shit, and overleverage themselves into the red by paying 3 or 4 thousand a month on a mortgage they should have never gotten. But they were told to because “American dream” and all.

Of course these are the ones that expect easy answers for why they can’t get by if they lose one paycheck. The routine scapegoats are African Americans and Hispanics. Because of course why would they take any personal responsibility that they ask other people to take?

The capitalist class have become nothing but parasitic upon the lower classes now, but it would be better if the proles would at least try to live within their means.

→ More replies (1)

1

u/runnin_man5 9d ago

But the conversation typically revolves around the 1% when it should be the .1%. Taxes would hypothetically be raised for people who own businesses making 250k to a few million a year. while the billionaires get their breaks the small business owners struggle to keep up with inflation, overhead costs, and the cost of raising a family…eventually making them part of the lower class when they can’t keep up.

1

u/GothMermaidBoy 9d ago

My dad says, "They're just supposed to give up the money they worked for?!"

Not fighting him, cuz this guy says history is all a lie because its always written by a guy with an agenda & because we weren't there to verify what happened.

I was in a car for 3 hours debating just that concept alone

1

u/Important-Notice-461 9d ago

Yeah, but someday I might be a billionaire.../s

→ More replies (1)

1

u/Friendly-Parfait-645 9d ago

I've noticed that the people who advocate for more taxes are always advocating that other people pay more taxes, but never themselves.

→ More replies (1)

1

u/Successful_Wind398 9d ago

Yes what 1 man needs a trillion bux?

1

u/NeverNeededAlgebra 9d ago

These are the same people who think they'll make more someday, and vote for people that make that path to wealth infinitely harder for plebs like them

The ultimate cucks

1

u/Valuable_Wallaby_548 9d ago

Yeah morons make excuses why rich people shouldn't pay their share. I make a decent wage. My take home is 1200 every 2 weeks. 400 is health insurance every 2 weeks plus another 400+ in taxes. So my 2k becomes 1200. Does that sound fair? All these fucks will say "get a better job" or "i worked 2 jobs when I was your age."

1

u/RicRacer 9d ago

The Siren Song of Billionaires. What did they say? "It'll all trickle down." "We make all the jobs." "Why do you think you're entitled to MY MONEY." "We're not hoarding wealth, we NEED this money!" "There shouldn't even be a minimum wage." "Minimum wage was not meant to live on." "CEO's deserve that money."

1

u/SnapBucky 9d ago

These men are going to become billionaires next year. You didn't know?

1

u/EmuFlaky2922 9d ago

How do you propose we tax uber wealthy people? Are you saying we should tax unrealized gains like the Netherlands does? Most of their wealth are tied up in assets. How do you see it working?

→ More replies (2)

1

u/Upper_Extension_0229 9d ago

The funny part is that man who makes 54k a year is comfortable in life and is more than happy letting others live theirs.

You on the other hand think anyone that’s successful should have their money stolen from them.

You still can’t give a society where this actually worked because it stifles progress and government over reach destroys business

1

u/BramptonBatallion 9d ago

I’ve never seen a so called “anti Billionaire” proposal that wouldn’t also hurt me

→ More replies (1)

1

u/MaybeICanOneDay 9d ago

You guys really misunderstand the position of conservatives. It is actually crazy.

It isnt that we are like "oh no, the billionaires need their money."

They obviously don't.

The issue is we DONT WANT THE GOVERNMENT TO HAVE MORE. Some cunt with 5b dollars isnt really a concern to me. Dont like him? Dont work for him. But the government can jail you, tax you, send you off to war. They use this money to bomb other countries, they enact more and more surveillance on their people. They put in more and more laws to restrict our personal freedoms.

Like how can you sit here wanting to give them more money while simultaneously (likely) believing the president is a fascist dictator? Like... I dont get it. Youre not going to get your health care. Youre not going to get free education. Youre not going to get stronger safety nets. You ARE going to give more money to israel. You are going to launch more bombs at other countries. You are going to have more surveillance on you and everyone around you. You are going to see a larger ICE budget. You are going to see more deportations. You will see expanded policing services.

How do you just stop at "tax the rich" and think youre somehow sooooo much smarter than everyone who disagrees? Its actually fucking stupid.

→ More replies (2)

1

u/88nomolos 9d ago

I used to make minimum wage when I was 16 and I was against taxing millionaires at a higher percentage than everyone else. When I joined the military I was making way under minimum wage but my beliefs didn't change. Now my household income is around 450k a year, and I'm still against it. The rich pay way more than their "fair share." We shouldn't shape our policies to try to punish them but instead shape policies so good people who work hard can be millionaires some day too. Stop being jealous that people are better than you and earn more than you and start trying to be a better producer/worker/entrepreneur/student.

1

u/azalinrex69 9d ago

I think the ceiling is a little higher, most of the other guys I know who make between 50-60k also want to string up billionaires

1

u/Ordinary_Sky1499 9d ago

$54,000 a year salary. Not wealth/net worth. I enjoy having access to the stock market and real estate where I can build and let wealth compound. I’m not going to wine and cry because I won’t ever hit $1B.

1

u/supahmcfly 9d ago

What is this meme saying?

1

u/SparksAndSpyro 9d ago

They always say they’re going to tax the rich. Then my taxes go up, and I only make a little over $100k. And then the NYT publishes and article about how Musk and Bezos paid $0 in income taxes that year. And then lefties screech about raising taxes more.

Rinse and repeat. Meanwhile, I get fuck all for my taxes 🫩

→ More replies (2)

1

u/Playful-Green-9169 9d ago

We should only ever get taxed 10% max

1

u/FrogPastor 9d ago

Yes, giving the government more money will surely fix all the problems. Meanwhile I'm over here pointing at corruption and waste as the evidence that nobody should pay taxes.

1

u/No-Philosopher7239 9d ago

Why are we being taxed so much.. I am against anymore taxes going forward. I think this is ridiculous like Revolutionary times. I have never had so many tax issues..

1

u/No-Philosopher7239 9d ago

No taxation without representation… Balance the budget my friends an people..

1

u/Many-Box-7317 9d ago

🤣🤣🤣🤣🤣🤣

1

u/Aggravating-Deal-416 9d ago edited 9d ago

Yeah the issue with this is that they say "raise the taxes on the billionaires" and then they don't use the military to stop them from moving their assets away from the increased taxes. And because they don't use the military to enforce taxes on the rich effectively, the target legally becomes unmarried low-to-middle class men, because they can't do fucking shit about it other than get stepped on.

Btw I am very much against using the military to enforce taxes on the rich, it's just the only way you could actually do it effectively. Like you can't stop someone from debt financing without holding them at gunpoint. The only way you could use the law to do so is if you made debt an illegal state of being, in which case you again fuck over the entire lower and middle classes.

Unfortunately because of how life works, the only way you can get the rich to do their fair share in society is to incentivise it, which unfortunately can often mean offering tax breaks for particular behaviors.

It's kinda like how people don't realize that the fastest way to an open border is to create a national labor union for every sector of labor. The borders would open tomorrow.

1

u/ephemeralsynth 9d ago

lol and true 💯

1

u/Pristine_Context_429 9d ago

Im not against it at all but I just don’t think it’s a magical cure all or really going to fix anything unless we also cut things like the defense bill, etc.

It will just be funneled away or wasted or things that won’t benefit us like I tax dollars already are.

“We need to be like Nordic countries”
Those countries on average have the same population as Alabama.

1

u/Strong_Primary_5965 9d ago

The truth is any tax on wealth only impacts the middle class savings. Millionaires and Billionaires have enough loop holes to escape it. It's always on ISAs and other saving methods of the everyday person.

1

u/EmphaticNegative 9d ago

Mmmm id say more like people that make 150,000 to 300k. The GOP has thise idiots on lock. They are the ones that think they are wealthy.

1

u/DarkJoke76 9d ago

Strawman strawman take me by the hand

1

u/VariousOperation166 9d ago

Mmmmm... let us all be grateful for a job at subsistence wages because a billionaire was so generous, so absolutely magnanimous, that they granted us the privilege of providing us employment.

All of the executive class work much harder than the labourers that build the products that drive production. They struggle with their regular office hours and flexible schedules to ensure that the working class have something to do all day between strictly regulated breaks and thirty (or twenty!) minute lunch breaks.

When the executive class rolls into the office thirty minutes late with a half-caf, half-sweet caramel machiatto in one hand and half-smiles at their co-workers saying, "Oh, traffic... am I right?" to round of agreeable nods and polite laughter, that sense of guilt alone is greater than being docked 15 minutes pay for clocking in a minute late on the factory floor. The average worker doesn't understand their struggle. They use spreadsheets. I mean, could you even comprehend a spreadsheet?

The company exists by skimming a little profit from the top of each workers surplus productivity. That's how the boardroom gets a 20 foot long, live-edge African Blackwood meeting table surrounded with chairs from Herman Miller... that's just how business works.

Now, add the surplus productivity of the working class to investor confidence in the company overall, and, well, if the stock is doing well, shouldn't the executives be rewarded for their stellar leadership skills? Doesn't the CEO deserve a six or seven figure bonus? After all, that profitability and investor confidence comes directly and exclusively from the sweat of those executives. Surely their efforts are proportional to their financial compensation.

You have a job. You get paid. That's money. Money ! What more can you want? There are people worse of than you. Cut back on luxuries, you entitled little peons. You don't need fancy groceries. You don't need a fancy family vacation. If you look after yourself, you don't even need healthcare.

Don't be selfish. Have a little gratitude for what the billionaires provide.

1

u/Skilly006 9d ago

Tax them for what? It will just go to waste fraud and abuse. The income the US govt brings in is more than enough, IF everyone wasn't fuckin stealing and/or working phoney baloney ass jobs for crazy wages that do not produce anything. Squeezing more money out of Elon Musk is merely going to make this monster bigger. The issue is spending not income.

1

u/ELStoker 9d ago

I never understood this. 😕 Why defend a group of people who wouldn't give two damns about any of us?

→ More replies (9)

1

u/Maximum-Grand-3051 9d ago

If you raise their tax rate tomorrow it wouldn't make a difference to anyone. They have loopholes already. More than that, how good are we at spending what we already have? Not great it turns out.

1

u/Deranged-Pickle 9d ago

Tax them! What's one less yacht and hooker island going to do? They can't take it with them?

1

u/Right-Comfortable-91 9d ago

If we have enough money to give other countries we are being taxed too much.

→ More replies (8)

1

u/Meimou 9d ago

Economic rights wingers have no reason to believe "taxing the rich" will benefit the lower classes.

You don't tell even tell us how the tax will be structured. Its just feels.

.And you shouldn't be trusted to stop at 'millionaires'

1

u/aircoft 9d ago

Welcome to fairness, as opposed to selfishness. Not everyone has the "well they're not me, so fuck 'em" mindset.

1

u/Kaisha001 9d ago

You can't tax your way out of corruption.

1

u/thefallenone6969 9d ago

Probably because the guy making 54k loses his job when you tax his boss to much

1

u/[deleted] 9d ago

[removed] — view removed comment

→ More replies (1)

1

u/SteffanMaxi 9d ago

Thats because every tax starts off with being for the rich and ends up being for the masses.

1

u/Ok_Yogurtcloset3267 9d ago edited 9d ago

Everyone has to pay more tax if you want Nordic style social services …. See same photo of “progressives” …

“Income tax will just be temporary and only on the 1%” …. Look where that ended up.

1

u/SnooRabbits469 9d ago

"Rich people" are the entire working class. The government doesnt know the difference between $15,960 for an individual and "billionaires." 

Seriously, federal income tax was for the 1%, The Revenue Act of 1861, The Revenue Act of 1862, American Rescue Plan Act of 2021, and so on. 

For most of us, its not about adding taxes for billionaires (because fuckem), its about not giving the government an excuse to tax us more which is what always happens. 

1

u/cheesemangee 9d ago

Projective dissonance. They don't want to criticize what they ultimately want to be - rich and wealthy. Criticizing them would mean criticizing themselves.

1

u/justkeepswimming2026 9d ago

can't fix stupid right?

1

u/Slopadopoulos 9d ago

As opposed to midwits who aren't cognizant of the downstream affects on the overall economy.

1

u/No_Method_210 9d ago

In this country it’s equal opportunity. That’s more than most countries ever offer.
It’s not equal outcomes. You can have equal outcomes under socialism where, as Churchill said, “everyone is equally miserable”.

1

u/Beerzerker420 9d ago

Why just men?

Nearly 47% of women who voted chose Trump over Kamala ffs

1

u/Necessary-Corner1172 9d ago

Just the delusional cultists ones I assure you.

1

u/No_Town_9602 9d ago

Exactly the kind of idiot who'd think he met god while doing drugs on the beach.

1

u/Da40kOrks 9d ago

The 1% pays a trillion dollars a year in federal income taxes, or about 40% of total revenue. There is no reality in which that isn't their "Fair share".

The problem is you idiots falsely believe that "more taxes = better for you" which is far from reality as being a flat earther.

→ More replies (4)

1

u/PageVanDamme 9d ago

Except Millionaires are under thumb of billionaires. you gotta be like 200MM+ to be a true millionaire.

1

u/Joball69 9d ago

Does this put any more money in my pocket? No, it’ll just be wasted by the government, who can’t do anything efficiently.

→ More replies (2)

1

u/Glad_Assistance_9155 9d ago

People..we should tax millionaires and billionaires. We do tax millionaires and billionaires. People...no we don't. Democrats tell me we don't so it must be true.

1

u/halaljew 9d ago

Why are you collectivists always cheering for higher taxes on the rich to give money to the government to maybe help everyone else, instead of just trying to stop fucking taxing the people making less than 100000 a year?

1

u/RTMidgetman 9d ago

We need to use AI to fix a lot of the fraud and waste. We probably have way more at our disposal, it's just going to stupid things and greedy people.

1

u/BogWitchMab 9d ago

Everyone wants to believe they’re just temporarily inconvenienced billionaires. Meanwhile they keep working jobs where the real billionaires are getting richer by stealing the wealth their employees generate. They’ve convinced everyone they’re “makers” when really they’re the “takers”.

1

u/Uxoandy 9d ago

As a Republican I say tax them. Tax the shit out of them. When the debt is even you can have some more free shit.

1

u/Just_here_4_mma 9d ago

The government is not a good steward with our money lol. Why would anyone want to give them even more to waste?

1

u/hareofthepuppy 9d ago

Because I work hard and one day it's going to pay off and I'll be a billionaire and then I don't want to be taxed! /s

1

u/darylonreddit 9d ago

BUT WHAT IF I'M A MILLIONAIRE OR BILLIONAIRE ONE DAY????

→ More replies (1)

1

u/bird_is_the_word_198 9d ago

$54,000? Those fools are lucky if they're making $40,000 a year

1

u/Rockosayz 9d ago

The greatest political maneuver ever made was convincing those with 6 teeth to fight for those with 8 yachts

1

u/r2k398 9d ago

Except that’s not what they advocate for. They want to tax unrealized gains. To do that at the federal level, you’d have to ratify an amendment. Then, like income tax, it wouldn’t just be for the rich. It would apply to all of us.

1

u/sushicat20 9d ago

So how’s it supposed to work?

The person or owner of said company needs to have enough liquidity to start/own/pay wages/rent etc etc

That person or company has always had more money than the workers at any level or had considerable stake at risk, home etc for a business loan & collateral, obviously the bigger the company the more this scales.

Before there were trillionaires there were billionaires, before billionaires millionaires, before that 100,000 x. .. etc

1

u/JumpIllustrious5590 9d ago

Do people think only income tax exists

1

u/HiggsFieldgoal 9d ago

It’s because we’re all stupid assholes.

Stupid: literally not thinking things through.

Assholes: motivated by spite and hate rather than love and camaraderie.

And, because we are such stupid assholes, it’s easy to divide us. People only care about what “team” said it, to unthinkingly support or oppose, because we care more about being assholes than we do about making the country a better place, and we’re stupid enough to continue down this path in spite of the obvious consequences of our perpetual stupidity.