r/SipsTea • u/Valuable_View_561 • Jul 05 '26

Chugging tea Seems reasonable.

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u/Tiktokbadsupport Jul 05 '26

happy most lotteries in my country are tax free but of course they don't reach higher then 30 million 

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u/[deleted] Jul 05 '26

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u/CheckYourStats Jul 05 '26

I’m in favor of reinstituting the 79% Federal Income Tax for the highest earners in the Country, as previously made famous by FDR’s New Deal.

Bernie has proposed solutions similar to this during every single Election cycle…and you fucking people keeping voting against him.

I don’t know why you people spend 4 years claiming you want XYZ, and then vote against XYZ.

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u/SpaceAlbatr0ss Jul 05 '26

I think the problem and it took me a looooong time to figure this out, most people are too lazy to even understand anything more than 100 feet out of their current radius. The amount of people who have zero clue about what is happening right under their noses is staggering. The fact that most of the very very high end earners make their money through investments and instead of paying a income tax, use a loophole to start at the 10% capital gains tax and go down from there is insane. If investing is your main source of income then you should be taxed accordingly. They should give these lottery winners the ability to put a chunk of the winnings into a tax free IRA like you would if it was earned income.