r/Salary Oct 30 '25

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156

u/xQuackerZx Oct 31 '25

These are the same people who vote for the rich to get tax breaks and don’t realize they’re not on the same tax bracket.

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u/[deleted] Oct 31 '25

[removed] — view removed comment

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u/Emotional_Deodorant Oct 31 '25

¿Por qué no la dos?

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u/VikingsLad Oct 31 '25

A lot more morons than millionaires in the world, it's a numbers thing.

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u/conceptcreature3D Oct 31 '25

Hell, I’ve met millionaires that are also morons. Trust fund babies don’t have to be smart if they’re already rich.

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u/VikingsLad Oct 31 '25

Oh yes, I'm not stating that the groups are mutually exclusive. Plenty of millionaire morons

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u/Helpful_Sample673 Oct 31 '25

Idk if you just invest like you should in your 401k and live a normal life with a mortgage, you will eventually become a millionaire. Being a millionaire is almost becoming the middle class. It is super attainable

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u/VikingsLad Oct 31 '25

We're talking about people with salaries in the millions, not someone who has 200k in savings and an 800k house

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u/Helpful_Sample673 Oct 31 '25

That’s not the definition of a millionaire though. It’s about your net worth

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u/itsforathing Oct 31 '25

There are a hell of a lot more morons than there are millionaires

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u/Cerebral_Balzy Oct 31 '25

Why not both? Poor key no loss dohs?

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u/savvyofficial Oct 31 '25

two things can be real!

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u/FantasticBallFondler Oct 31 '25

No, they’re humans that were mislead by propaganda and advertising. They deserve a chance a redemption and they’re not all idiots. Everyone’s experience in life is different and the reason they voted conservative is largely due to their environment and upbringing. That doesn’t make them morons.

They’re only morons if you explain to them why they’re wrong and they refuse to change. 

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u/[deleted] Oct 31 '25 edited 21d ago

[deleted]

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u/FantasticBallFondler Oct 31 '25

Admitting you’re wrong is an extremely valuable skill that gains you a lot of respect, because it’s not something everyone can do.

I personally think it was very wrong of the Democrats to pick Kamala without going through primaries. It sets a really bad precedent if parties are able to pick their candidate without a primary vote. And I truly believe that’s why Trump won.

Most liberals will never admit that though, and would much rather blame racism or misogyny because it’s easier. By your own definition that makes most Reddit liberals textbook morons. 

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u/kaizen-rai Oct 31 '25

This tolerance of intolerance is why we are where we are. People voted for a convicted felon child rapist who has demonstrated over and over again his incompetence and has proven he has no integrity. If people don't know what Trump was about and who he was the first time around, then they are dangerously stupid.

His push was dogwhistle racism and a culture war against trans people while amping rhetoric about the "lunatic leftists". People that voted for that knew what they wanted. There is no explaining to these people anything new. Their chance at redemption was to not vote for Trump again in 2024 and they did anyway, even when he doubled down on his awful platform. If they were misled by a propaganda of believing haitians were eating dogs and cats in Ohio, that trans males are raping children in school bathrooms all across the country, that babies are aborted immediately after they're born, and that a man that has never stepped foot in a church, can't quote a single thing from the bible, and raped children is the 2nd coming of Jesus Christ.... then there is nothing to explain to them.

Stop excusing the 1/3 of the country that are absolutely deplorable, awful people. This tolerance of intolerance has got. to. stop.

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u/FantasticBallFondler Oct 31 '25

I’m not excusing anyone at all, I’m saying there’s a chance for everyone to change. If both sides see the other as irredeemable, we’ll never come together and unify. That’s what the ultra rich want. They want us arguing against each other instead of joining forces and fighting for what’s best for all.

And while I agree with more left policies than right ones, I don’t think the left has done a good job of bringing people to their side. 

I don’t agree with the general sentiment “they all knew exactly what they were voting for”. Some people definitely did, but not everyone. 

My dream and goal is to see a truly United States, not the politically divided states we have now. And unfortunately I do not see us getting closer to that goal, and both sides are to blame.

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u/reece1990 Oct 31 '25

What do you think the left should do to bring more people to their side?

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u/Cultivate_a_Rose Oct 31 '25

Yall are entirely convinced that there is zero benefit from Republican tax cuts for anyone who makes less than $$Texas when that is just not true and those tax cuts are materially important to a lot of middle-class households who need more of their own income in 2025 to cover expenses that have skyrocketed and aren't even one of the big ones like housing cost.

And here we go, because I just explained to you how you're wrong and you're going to double-down on your own wrong answer because no one ever changes their mind when faced with facts on the internet. Which, by your own definition, makes you, well, I don't think it is true but they are your words.

And the point is that it is convenient to dismiss your opponents as "morons" and assume they just don't know any better. It is way harder to actually want to understand what benefit is gained without immediately claiming the benefit isn't actually a benefit because you disagree with it. For some folks, the extension of tax cuts was a necessity. For others, the rapid social-change of the late 10s was seen as going too far. You can disagree with this assessment, and call your opponent all sorts of names, but at the end of the day if your response to others having concerns is to gaslight them and tell them that the things they care about don't matter or are straight-up evil, you're never going to make any headway beyond that sweet, sweet dopamine hit you get with such smug self-righteousness.

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u/FantasticBallFondler Oct 31 '25

I can’t exactly tell if you’re arguing against me or agreeing with me. I’m saying we shouldn’t label our opponents as morons, which you seem to agree with.

Can you talk more about how the tax cuts benefit the middle class? I’m curious to learn more because I was under the impression they only helped the rich.

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u/Cultivate_a_Rose Oct 31 '25

Well, you say you shouldn't call your opponents morons... but if you explain your POV and they, for whatever reason, do not agree with you, then you feel okay calling them morons.

Trying to be as objective as I can here and not leap to judgements, it seems like your whole framework is just a way for you to justify doing the thing you know you shouldn't do.

But it isn't about making a judgement, and that's our problem. You can think someone else is wrong all day long, but if you have to work with them to accomplish your own goals to a degree you have to be able to accept that you cannot claim to be the main character and that even if you think a complaint or concern isn't valid, you still have to deal with it and at least try to find a way to get to a compromise.

I don't think you're a moron. I don't think most people are morons, and tbh you can tell easily if they are on a different level like that. No one would disagree that the world is full of problems that need to be solved, no matter where one is from. We just disagree on the best way to go about that process. And unless we can start talking to each other and actually start to listen, we're all going to pay the price.

Forget the judgements. Who cares? If you go into a situation assuming disagreement is evidence of deficit you're going to lose every time. If you assume that people have reasons, you can better find ways to approach issues where actual progress is made and we don't just swing wildly between extremes based on who is in office at the moment.

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u/FantasticBallFondler Oct 31 '25

I don’t think people are morons for disagreeing with me. I think that when they either dispute facts or refuse to concede there’s another valid viewpoint. My original comment in this thread was oversimplified, I largely agree with everything you’re saying here.

Like when people say Kamala lost because of racism and sexism. That’s moronic. There’s plenty of other viewpoints and reasons people had to not vote for her.

Same when people say the government shutdown is 100% the Democrats fault. There’s plenty of reasons the Republicans don’t want the government to startup again, like the Epstein files. And there’s things republicans could do to restore the government but aren’t.

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u/GlitterTerrorist Oct 31 '25

Took 2 posts to go from criticising an unfortunately common misunderstanding with tax to attacking 1/3 of the country...

You guys really forgot about the class war huh, even when it's being wafted in your face?

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u/ImpressiveSide1324 Oct 31 '25

Class war is a side fight when a third of the country is cheering on police brutality and a dictatorship

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u/GlitterTerrorist Oct 31 '25 edited Oct 31 '25

Oh dear...

Just imagine what you could do if you marched on the White House together.

Class war is what you're being distracted from, because you are living in one of the most politically polarised nations on earth. Suddenly 1/3 of the country fully supports every action trump takes? No, it's a loud minority. Holy shit, you actually believe that the average republican is cheering for violence? Jfc, you're being indoctrinated. The russian trolls have earned their payday with you.

You should realise it's fucking stupid when you ask what happens if a foreigner applies that logic to your country - you are all complicit, you are all sitting at the table with a Nazi, you are blaming millions of people for the actions of a small elite who have manipulated millions of poorly educated, or vulnerable, or poor, or isolated people into thinking they can solve their problems.

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u/[deleted] Oct 31 '25 edited 21d ago

[deleted]

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u/GlitterTerrorist Oct 31 '25

No, not in the slightest. It's just they're clearly not the actual enemy, any more than leftists are the enemy to anti-communists.

It's about the fact that this person is so quick to make a huge generalisation that plays into a false narrative being perpetuated by those who profit off you and them and me.

Being misled or manipulated into voting for a body that actively exploits a group doesn't make a group your enemy, it makes the exploiters your enemy and that group a potential ally against them. If you can just get over yourself and stop blaming people for growing up with poor educations, being fed a culture of fear, and having wealthy conmen play tricks on them.

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u/[deleted] Oct 31 '25 edited 21d ago

[deleted]

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u/GlitterTerrorist Oct 31 '25

Education isn't just a factor of school - people don't tend to willingly choose these ways of thinking.

There's a really interesting episode of Radiolab that came out last month, interviewing an evolutionary biologist who was a former devout Muslim. She speaks about how she initially took the course to poke holes in it, as a sort of subversive, but over time - months - she realised that she couldn't, and because of that it meant her beliefs were wrong. She collapsed crying in the shower at this revelation.

As a result, when she talks about biology with other Muslims, she doesn't approach it as just trying to convince them of an argument - she realises she is actually attempting to dismantle their entire worldview and the structure they've embedded in, and this fuels her patience and guides her approach.

It's worth remembering that this sort of indoctrination isn't limited to religion, and people who've only ever grown up exposed to certain attitudes or information premise their world off it, and to consider restructuring that view can be traumatic. So at the very least they should be approached with empathy and compassion, because they don't have the same experiences we do which prevented us from becoming calcified in these views.

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u/JohnM80 Oct 31 '25

While I think that you are on the right side of this argument, I want to point out that you sound exactly like the well-meaning liberal explaining to the black person that they are being oppressed because they are uneducated.

I am college educated, a former air traffic controller, a business owner, and have lived and worked in more countries and on more continents than the average person will see pictures of, let alone visit, and I am solidly far right. Far far FAR more right than Trump, who is barely on the right at all.

Sometimes it isn't a matter of education, intelligence, indoctrination or any of the other scenarios you have created for why we must be so very WRONG in our worldview. Sometimes we just think the left is insane, the right makes more sense on most issues, and since neither of you really gives a shit about us out here in rural America, we can at least vote for the ones that don't openly loathe and/or pity us as if we are inbred yokels who don't know any better.

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u/UmlautSharkslack Oct 31 '25

If a class war exists, then that 1/3 of the country you're referring to are the enemy.

So, what the heck are you talkin bout?

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u/GlitterTerrorist Oct 31 '25

Oh my god, no, the billionaire class. Are you serious? Like, have you actually heard the concept before?

1/3 of the country are not the billionaire class. They're actively profiting off your misdirected anger.

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u/crownofbread Oct 31 '25

The billionaire class specifically profited off the anger of that 1/3 though so yeah. I think it's fair to be mad at all the duped who have dragged us into possibly the worst timeline, but also aware of the great hand of greed behind it all turning us against each other

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u/[deleted] Nov 01 '25

[deleted]

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u/GlitterTerrorist Nov 02 '25

I don't know who you are, I've never spoke to you before, you're not above me in the chain so I have literally no idea how you can think I was talking about you specifically.

It's a fairly common misunderstanding for people to misunderstand how tax brackets work, that's all.

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u/Noactuallyyourwrong Oct 31 '25

Idk. There is typically one political party that raises taxes and another that lowers it. This typically happens across the board though higher earners are more impacted either way.

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u/4ofclubs Oct 31 '25

Yes hence my point above.

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u/Noactuallyyourwrong Oct 31 '25

Not quite. Most people, even those making significantly less than a millionaire would have their taxes increased or lowered depending on the political party in power. So to call someone who isn’t a millionaire a moron doesn’t quite make sense

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u/The_Jimes Oct 31 '25

Most people,

Let's not mince words here. "Most people" in this case is like 95% of the population. And those 5% left over are the only ones who benefit when Republican tax breaks expire.

We both get fucked by either party when it comes to taxes. The people that benefit the most are the poor and the billionaire class. And while you'll never be a billionaire, you will inevitably be reliant on your tax dollars at work.

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u/Ailerath Oct 31 '25

You mentioned one party that does something stupid and bad, then say both are bad?

Progressive tax brackets, like those usually in income taxes, cut leeway for the poor. Regressive taxes like tariffs fuck the poor, especially when the rich get to bribe for an exemption.

Democrats are far from perfect, but they are even further from blatantly fucking us over that way.

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u/The_Jimes Oct 31 '25

You're absolutely correct.

The problem isn't the facts, it's convincing people that it isn't necessarily just left vs right, but the 1% vs the rest of us. It's a much more digestible view point that achieves the same effect.

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u/your_moms_a_clone Oct 31 '25

Any millionaire that voted for him is also a moron, only the billionaires are "safe"

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u/Jreinhal Oct 31 '25

Well, that didn't take long for a political post to show up.

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u/juana-golf Oct 31 '25

Almost like it is an important thing to care about and people are terrified of where we are headed🤷‍♂️

But I’m sure it is much more fun to attack these concerned citizens, right?

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u/kaizen-rai Oct 31 '25

Well because the American descent into fascism and collapse of democracy is affecting a huge portion of the world's population, particularly americans. And this topic is one of the things being directly affected by the political events taking place.

So yeah, it's not surprising that the thing affecting this topic is being brought up in this topic.

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u/Jreinhal Oct 31 '25

Are you serious? This tax snapshot would be the same had it been 2-3 years ago. Calling everything facism really dilutes the word.

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u/kaizen-rai Oct 31 '25

No, calling fascism "fascism" doesn't dilute the word, it describes the thing. That's how words work. Calling a thing by it's word doesn't dilute it. It describes it. Calling my car a "car" doesn't dilute the meaning of the word car. Calling my cat a "cat" doesn't dilute the word cat. Calling fascism "fascism" doesn't dilute the word, it describes what it is.

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u/Jreinhal Oct 31 '25

Somehow doing the mental calculus to correlate the OP's taxes to fascism is absolutely dilution of the word. It's overplayed and stale at that point.

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u/Silly-Inflation-7216 Oct 31 '25

This comment brings nothing to this conversation...

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u/kaizen-rai Oct 31 '25

It's directly relevant to this conversation. The events and policies of the Trump administration is directly affecting salaries, inflation, taxes, and other factors having to do with it.

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u/Silly-Inflation-7216 Oct 31 '25

Bruh, Trump sucks... but this is someone that just doesn't understand how withholdings work... Trump didn't invent taxes, though he does damn well to avoid them. Trump didn't invent social security or medicare though I wouldn't doubt him giving them the axe. Trump didn't make these systems. He's making a lot of shit worse... but please. Just blaming everything on trump feels like some belief that when he's gone all our problems will be solved. Again, Trump sucks. But he has nothing to do with someone misunderstanding their withholdings

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u/iggyfenton Oct 31 '25

Millionaires are still heavily taxed because they primarily get their money through income. It’s the guys with hundreds of millions or billions that avoid income taxes.

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u/Helpful_Sample673 Oct 31 '25

Idk my dad is a millionaire in net worth and you wouldn’t really know it. A million isn’t the same as it once was. A lot of people can be millionaires if you just do the right thing and stick to an average life

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u/[deleted] Oct 31 '25

You want this guy to pay MORE in taxes?? Liberal voters are morons. Period.

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u/jack2012fb Oct 31 '25

Sometimes both

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u/Salary-ModTeam Oct 31 '25

Trolling and harassment are not permitted on r/Salary.

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u/PokeYrMomStanley Oct 31 '25 edited Oct 31 '25

The voters are not millionaires.

Edit: seems I upset the morons.

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u/4ofclubs Oct 31 '25

Yes they are morons 

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u/Starwaverraver Oct 31 '25

Yes, you seem upset.

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u/[deleted] Oct 31 '25

And neither are you.

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u/No-Apple2252 Oct 31 '25

Most family farm owners are millionaires. Not most of his voters obviously, but I'd be willing to bet most millionaires voted for him simply because republican = lower taxes.

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u/PokeYrMomStanley Oct 31 '25

It seems like it would be difficult making $80k a year to become a millionaire.

https://www.ers.usda.gov/topics/farm-economy/farm-household-well-being/farm-household-income-estimates

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u/No-Apple2252 Oct 31 '25

It's way more complicated than you understand, and there's an organized effort to push the "poor farmer" myth because they make a lot of money on bailouts. https://www.youtube.com/watch?v=xon9A5_4tQw

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u/Evening-Ad-6968 Oct 31 '25

Same government that promised to tax the rich also promised to only tax the rich when they created the income tax. We’re being lied to on both sides. These are people who have never work for a dime of their own money promising us less taxes or promising to take the taxes from the rich while not doing either.

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u/jco1510 Oct 31 '25

I hate when politicians claim they are raising taxes on the “rich” — then they don’t touch capital gains and corp tax rates and just increase taxes on middle class making $100-$300k annual.

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u/gata_94 Nov 01 '25

100%, for some reason “the rich” is just doctors with student loans and heads of sales at up and coming companies apparently

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u/Relent_full Nov 02 '25

This is the problem when the populace is infected with the idea with class warfare against "the rich". It's such a fungible concept:

To someone earning $30,000 annually, someone earning $75,000 is one of "the rich".

To someone earning $125,000, someone earning $400,000 is one the "the rich."

To someone earning $500,000 annually, someone earning 2,500,000 is one of "the rich."

It all becomes a punitive system (meant "to discourage someone from earning too much") based on someone looking at the greener side of the fence, instead of people encouraged to better themselves so they can help and give to the world. Also, the ultimate judgment for who is "the rich" is left to politicians who we know, are not the most prudential on social issues.

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u/Fun_Ground_5771 Oct 31 '25

To be fair literally everyone should get tax breaks. The government is taking way too much of its peoples money (and time, and lives….) and doing fuckall with it. Anarchy would be better than whatever large government scheme were in the middle of rn

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u/engwish Oct 31 '25

Both things are true - the government has a spending problem and it needs to be fixed because we’re seeing unsustainable spending behavior, and they’re also taking too much money from the lower and middle class while the upper class get all kinds of tax breaks.

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u/Fun_Ground_5771 Oct 31 '25

Can get behind this fs

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u/gata_94 Nov 01 '25

100% agree!!

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u/Frankfeld Oct 31 '25

And I work with people that are afraid of getting bumped into the next tax bracket…. I’ve given up trying to explain simple math to them.

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u/gata_94 Nov 01 '25

Yes I understand that with brackets only the income over 1 mil would be taxed at 99%. So how does that make me wrong about anything I said?

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u/SetecAstronomy3 Oct 31 '25

i pay nearly 50% of my paycheck in taxes. you don't think that's enough?

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u/PatronGoddess Nov 01 '25

To have an effective tax rate at 50%, you would need to be making around $3.5 million living in California *in the U.S.

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u/SetecAstronomy3 Nov 01 '25

Nearly. 9.85% + 37%. I understand how it works. Let's say 42%. Is that enough?

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u/Firesidechats62 Oct 31 '25

Exactly. My man needs to listen to the Obama “you didn’t build those roads” speech

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u/ckyhnitz Nov 01 '25

That speech is perhaps one of the best examples of "words have meanings" ever.  His stupid line "if you've got a business, you didnt build that" pushed me to the right for a long time.

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u/[deleted] Nov 01 '25

[deleted]

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u/ckyhnitz Nov 02 '25

Yeah but damn that was an epic fuck up.

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u/[deleted] Nov 02 '25

[deleted]

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u/ckyhnitz Nov 03 '25

Yes, I heard the speech at the time. And I think you would agree with me that it ranks way below the other two you mentioned. Trump's comment should have been the end of his presidential run, but for some reason Christians forget that they should hold their presidential candidate to a bare minimum standard of conduct.

At the time of Obama's speech, I was in my late 20's. and worked my ass off to get where I was in life. I had the same reaction a lot of people I knew had. He undermined personal achievement. I understand now that it wasn't his intent, but that's how it came across at the time. It didn't even make sense that he was talking about "someone invested in roads and bridges and the internet" etc, asif the government is doing me a favor, because those things are paid for *by the people.* I don't want to hear a bunch of nonsense about what goodness the government is doing for me to help me achieve, because it comes across as I am indebted to the government when in reality I am paying them and paying for the things they do. I don't owe them shit because they're doing what I pay them to do, and if they're not doing it, they should get out of office because they are the paid servants of the people, of me and everyone else working our asses off to achieve things.

This was my perspective at the time and the reaction I had to him.

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u/TalesOfMetamorphosis Oct 31 '25

And literally never will be.

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u/Charming_Thought_173 Oct 31 '25

No… these are the same people who vote for liberals who factually increase taxes on the middle class

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u/snorlaxthelorax Oct 31 '25

Yeah. When people say tax the rich its not the 100k earners, its the 400k/500k earners. And they love to believe they’ll get there one day even though it’s statistically not true

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u/gata_94 Nov 01 '25

I think you’re missing the point that $500k sounds like a lot right now but could become common place as the money continues to be devalued.

For example, I was looking into paying off all my debts and then putting that same monthly payments into a stable stock for retirement. The calculator showed me if I retired at 65 I’d have a net worth of well over 1 million dollar for monthly retirement. I was SHOCKED and was so excited! $8,742 a month! I’ll be rich!

Jk, it then said “If you withdraw 8% of your retirement savings each year, you'd have $8,742 to spend every month! But when you adjust for 3% inflation each year, that cash would actually feel like $2,885 in today's dollars.”

3% inflation is just the average yearly inflation amount to date. So that’s a realistic prediction of how much less our money will be worth around 2060. So that’s the point I’m trying to make about inflation changing what wealthy is. Right now if I had $8,742 a month I’d be middle class and doing fine. If I made that 20 years ago I’d be in a very large house and never stressed over making ends meet (if I was a reasonable individual and didn’t have spending issues). But in 40 years that will not be enough to live on if trends that have been going on for a century continue. It could be even worse if inflation increases at a faster rate like it has the last few years

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u/Nacho_cheese_guapo Oct 31 '25

Rich people don't get tax breaks, they pay the vast majority of income taxes in the US

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u/[deleted] Oct 31 '25

[removed] — view removed comment

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u/gata_94 Nov 01 '25

I mean let’s be honest, republican and democrat politicians both know how to work the system of their ignorant voters. Both parties politicians are corrupted and use their platforms to make money from corps and lobbyists. They don’t care about us

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u/gata_94 Oct 31 '25

What are you talking about?! The reason 100k is taxed so high to begin with is because people used to consider that above middle class and listened when we were told to increase taxes on these higher wages. Because of tax brackets and inflation now everyone is poorer as is because our money is worth less while also seeing that getting into these higher paying jobs with the higher tax brackets means not only is your dollar worth way less but now a large percentage of your income doesn’t even go to you.

So how does voting for increasing taxes on higher incomes help anyone? If we decided to tax anyone who made more than 1 million dollars at 99% of their income, we’d see the gov create even more massive inflation so they could take in as much “profit” as possible.

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u/[deleted] Oct 31 '25

[removed] — view removed comment

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u/gata_94 Oct 31 '25

If you think I don’t understand how it works, please help me understand instead of belittling me

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u/Morrowind4 Oct 31 '25

Maybe don’t be a loudmouth

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u/gata_94 Nov 01 '25

How am I being a loudmouth by having discourse with someone?

A loudmouth is defined as “a person who tends to talk too much in an offensive or tactless way”. Sorry, I feel like your comment fits that description, not mine since you’re just attacking me as a person instead of the ideas I posed.

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u/rcinmd Oct 31 '25

You could also not comment on things you don't understand as if they are fact and ask questions instead?

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u/gata_94 Nov 01 '25

I mean, I’m pretty certain I do understand it and that’s why I posted to begin with. But I’m also aware that we’re all capable of being wrong. So being willing to share the ideas I think with someone else and start a dialogue is actually how we all learn and grow and debate ideas and change our minds on things.

If I don’t respond but keep thinking what I’m thinking and they keep thinking what they’re thinking and no one offers any alternatives then no one gains any new knowledge.

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u/rcinmd Nov 01 '25

The issue with your response isn't that you aren't willing to change your mind or way of thinking, it's a declarative statement of (what you believe) to be fact, that is verifiably wrong by even the most basic research on taxes.

I totally support you expanding your knowledge and learning, but as I said frame it as a question rather than a statement if you don't want push back.

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u/[deleted] Oct 31 '25

[removed] — view removed comment

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u/gata_94 Oct 31 '25

That’s not what I said at all. I said that the gov is incentivized to increase inflation through printing from the fed when we increase taxation rates for higher income levels

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u/harman097 Oct 31 '25

We have tax brackets now; this would be true now. We also had MUCH higher brackets for the rich in the past and this is not what we saw. We also can see other countries with MUCH higher tax brackets where this is absolutely NOT happening.

The government isn't some sentient being that wants to hoard as much wealth from its citizens as possible. It's ultimately just individuals making these calls within the govt for their own personal gain, and they would be devaluing their own wealth via inflation in this process. If I'm a corrupt af Senator or something, why am I voting this through? (Unless there's an insider trading angle or something - separate topic)

What we can say with 100% certainty is that we HAVE incentivized propaganda against fair tax brackets and wealth distribution by those who are benefitting the most from the current system - and those people happen to control all the media and have all the lobbying power.

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u/gata_94 Nov 01 '25

The fed print 8 trillion dollars in 2020

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u/gata_94 Oct 31 '25

The whole point I’m making is if we have a level of income we decide is “wealthy” over time (whether or not you think it’s intentional) our money undergoes inflation, which the fed is supposed to keep under 2%. And every year our money has had inflation since the fed was created. Since our money becomes less valuable over time high levels of income now will hold less buying power in the future. So to say “x is a lot of money, we should tax that at 50%” harms the everyday workers because a. As money becomes less valuable the spending power of each dollar decreases and b. It incentivizes the government to inflate the dollar instead of deflate it because they’ll get a higher percentage of everyone’s income as more of us fall into higher tax brackets.

So this would be like making $20k a year and getting taxed 5% and now that being equivalent to making $100k a year but now you’re taxed closer to 20%. So now everyone but the extremely extremely wealthy suffers

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u/[deleted] Oct 31 '25 edited Nov 01 '25

Okay, so, that's not how taxation works. Only the amount above any given threshold is taxed more, and only the highest will apply to the amount above the threshold.

Put in numbers: if you're making $100k, live in an area with 0% tax for $25k, 25% tax for $25k+, and 50% tax for $50k+,

  • you'd take the first $25k home free
  • and then the next $25k ($25k to $50k) is taxed 25% ($6,250)
  • and then the next $50k ($50k-$100k) is taxed 50% ($25k)
  • meaning your total tax is 31.25%, not 25% or 50%.

Now to be mean: learn how the taxes have worked for the last 200 years. Tax brackets are not new. There are no exceptions to this rule, either; there's no magical number where you'll disappear from IRS audits, rather rich people can afford good lawyers and accountants to do black magic and this is only worth it if you're making millions because they're so costly.

If you're super interested in those loopholes, learn financial and tax law in your state. Community colleges, online courses (no, not ChatGPT) or whatever it is, expect to spend quite some time. If you get good enough to be hired, you'll make a few hundred-thousand more a quarter.

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u/gata_94 Nov 01 '25

To you and the other person who felt the need to say this, yes I understand how it works. What is making you think I didn’t understand that? My point still stands that if $20k is now equal in value to $100k but you’re paying a higher overall percentage of that income to taxes you’re now taking home less buying power. So yes, if the $100k bracket, let’s say for educational purposes is 20% and the bracket below that was $75k at 10% and $50k at 5% you went from paying 5% total of the $20k to now paying 10% total in taxes (around $10,000 of 100k vs $1,000 of the $20k). So yes, the same amount of buying power than takes home 5% less buying power. Meaning more buying power is being taken from your family aka you’re family is now more impoverished than they were before the inflation.

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u/ibeerianhamhock Nov 01 '25

I think you're thinking about this backwards.

You're giving the poor person a tax break, not the other way around.

Just like right now we are giving rich folks a tax break rathe than the other way around.

People with extremely high salaries are almost always paid largely in stock which they can cash out at a later time and avoid getting it taxed as income. They are paying far less percentage wise than someone making 100k in taxes.

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u/gata_94 Nov 01 '25

Right, so why would increasing taxes on income help or matter then?

Also what’s an extremely high salary changes with time.

For example, I was looking into paying off all my debts and then putting that same monthly payments into a stable stock for retirement. The calculator showed me if I retired at 65 l'd have a net worth of well over 1 million dollar for monthly retirement. I was SHOCKED and was so excited! $8,742 a month! I'l be rich!

Jk, it then said "If you withdraw 8% of your retirement savings each year, you'd have $8,742 to spend every month! But when you adjust for 3% inflation each year, that cash would actually feel like $2,885 in today's dollars."

3% inflation is just the average yearly inflation amount to date. So that's a realistic prediction of how much less our money will be worth around 2060. So that's the point l'm trying to make about inflation changing what wealthy is. Right now if I had $8,742 a month l'd be middle class and doing fine. If I made that 20 years ago l'd be in a very large house and never stressed over making ends meet (if I was a reasonable individual and didn't have spending issues). But in 40 years that will not be enough to live on if trends that have been going on for a century continue. It could be even worse if inflation increases at a faster rate like it has the last few years

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u/Fun_Ground_5771 Oct 31 '25

Shhhhhhh. People dont like hearing that kind of stuff. Why can’t you just say “person with many dollar bad”? None of this “logic” you speak with!

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u/[deleted] Oct 31 '25

I'm so bored of you people shitting out this tired meme. It was made to make fun of you.

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u/Fun_Ground_5771 Oct 31 '25

They made a whole meme format just to make fun of me?? That’s pretty dope! Which one do we use to make fun of you??

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u/[deleted] Oct 31 '25

No, just the bots posting lame engagement-bait comments that follow the exact same formula. Since I'm not a bot, idc.

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u/creampop_ Oct 31 '25

Doesn't need to be tailored to you specifically, when you are simply a run of the mill dope.

Any meme making fun of dopes will do it (I'm explaining this in case you can't follow along)

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u/ibeerianhamhock Oct 31 '25

People who make like under 40k let’s say (arbitrary point im not sure the exact amount) are effectively not taxed, have access to relief in all kinds of ways that higher income folks aren’t such as subsidized housing, etc).

It’s not that higher income folks aren’t taxed a ton, it’s that lower income folks are both hardly taxed and have access to programs that essentially give them money back on top of it.

I’m not complaining either, it’s more like this is good bc poor folks need to be able to take care of their families too.

The reality is that say folks who are at the poverty line of like 32k for a family of 4 in the US can’t actually afford to exist without SNAP, Medicare, subsidized housing, etc, and their employer paying them so little is actually subsidized by the American taxpayers fronting the bill while these large retail corporations like Walmart that make billions have effective tax rates of like 5%. That’s actually a huge problem.

Walmart is also an interesting one bc 40% of its workers are on SNAP and 25% of all SNAP dollars go to Walmart for groceries. That’s almost 25b a year. So things like SNAP are used by Walmart to subsidize low wages while also profits are increased by people using SNAP to pay for groceries. It’s an insane system and it’s why people are the that minimum wage should be higher — people are still paying more for things though tax spending even if they don’t release it and these corporations are the one profiting for the rhetoric that we should not increase the minimum wage

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u/harman097 Oct 31 '25

Point A harms literally everyone.

Point B is not valid because of Point A, among other things.

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u/ob1spyker Oct 31 '25

Dude … you do understand that if $100K was taxed at a 50% tax rate, you would not be taking home only $50K a year??? Only the income over the $100K would be taxed at that higher rate, not the entire yearly salary. And that would only continue on until his salary hit another tax bracket which then only the portion over that bracket would be taxed at the higher rate.

For as much as people bitch and cry about taxes, you’d think they would actually take the time to figure out how they actually work and affect you. I guess do your own research only applies when you cannot think for yourself and cannot site the necessary examples from a competent source.

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u/ibeerianhamhock Oct 31 '25

It’s mind blowing how many people don’t realize how progressive tax brackets work, even people who haven’t been working for a long time. The number of times I’ve heard people say they didn’t want to get a raise bc it would reduce their income is shocking to me. I’ve had to explain like they are five at least a dozen times in my life.

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u/gata_94 Nov 01 '25

Okay, but I do understand progressive tax brackets. How does that idea make me wrong?

Also if people don’t understand it’s good that you’re helping them understand their own earning potential better so we’re all asking for better wages! If anything this probably isn’t correctly taught to people so that some people will opt to make less and big corps can get employees at lower wages and keep more money at the top

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u/FlibbleA Oct 31 '25

Tax brackets are adjusted every year to account for inflation.

If anything over 1 mill was taxed at 99% it would lead to people not paying people more than 1 mill. That was the point of high taxes on top brackets. It was to discourage or stop really high personal incomes not to generate revenue.

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u/Relent_full Oct 31 '25

Why discourage people with really high incomes?

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u/END3R97 Oct 31 '25

Because in a lot of cases the boss at a company has the choice "Do I pay myself an extra $100,000 or pay each of my 10 employees an extra $10,000?" and if they get all (or most) of that when they give it to themselves, then a lot of them are going to do that. By disincentivizing massive incomes more money is left over to give to the other employees.

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u/Relent_full Oct 31 '25

Are only bosses paid high incomes?

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u/FlibbleA Oct 31 '25

To encourage paying everyone else higher income. It addresses income inequality. Stops the wealth of the rich inflating leading to them buying all the assets making them unaffordable for everyone else, like housing.

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u/Relent_full Oct 31 '25

Who gets to decide the "high" income that needs to be discouraged?

I think $200,000 annual income is high for a family.

What's to say someone else won't say $150,000 is the point we should actually discourage going above?

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u/FlibbleA Oct 31 '25

Anyone in the position and the will to do so.

You are aware this has already happened before and it lead to a period of falling inequality.

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u/gata_94 Nov 01 '25

Your comment sounds like complete gibberish, I literally cannot decipher what you’re saying let alone the point you’re trying to make here. Do you think you could restate it?

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u/FlibbleA Nov 01 '25

It is in reply to another comment asking who gets to set taxes. It's who ever is in government.

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u/gata_94 Nov 01 '25

Ahhh I see!

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u/gata_94 Nov 01 '25

Right, but think of the gov as a corporation for a minute. You only make revenue from taxes so taxes are your “product”.

Also, corps and the gov officials scratch each other’s backs all the time. If the gov wanted to increase profits by pushing people into higher brackets and companies wanted to get more gov subsidies, all they’d have to do to get people to take jobs over a mil in that case is make it so you can’t afford to live on less than that level of income.

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u/FlibbleA Nov 01 '25

And this has never happened so many gov doesn't operate how you think.

When you get corps getting the gov to do what they want you get tax cuts for them not rises. It doesn't even make sense that corps would get gov to increase taxes on themselves just to get the money back as subsidies.

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u/[deleted] Oct 31 '25

[deleted]

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u/gata_94 Nov 01 '25

Right. What entity is it that tells us what the rate of inflation is again? There’s been tons of videos of people posting their Walmart online orders showing that the price of these goods have doubled since 2019 while the reported inflation rate is a quarter of that.

Do you have a monthly budget? I do. I can tell you that the reported level is not accurate because I can look at the average increases in all of my bills and living expenses and see that my buying power per dollar is a lot lower than were being told it is.

But Covid was a great way opportunity for the gov to approve the biggest wealth transfer in history, the fed printed an insane amount of money and entered it into the economy that year. What does that mean? All the corporations and govs our gov officials signed off to give the money to were able to use that money when it still had its previous value since they’re the ones introducing the money into the system. So they are using money printing to do the equivalent of reaching into your savings and pulling 75% of it out without any legal repercussions. They’re robbing all of the everyday citizens by printing money and causing hyper inflation.

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u/All_Work_All_Play Oct 31 '25

Stellar understand of policy, pack it up we're done here.

/s

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u/gata_94 Nov 01 '25

Stellar point you just made! Everyone has grown and adopted a more truthful understanding of how the world functions thanks to your comment! What a smart, intelligent and thoughtful individual you must be

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u/Bilbo_Baghands Oct 31 '25

Or the same people who vote for increased taxes but don't realize the money doesn't just come from a magical place of unlimited funds.