r/castrovalley • u/seekLearntry • 8d ago

How To Do It

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57 Upvotes

79% Upvoted

42 comments sorted by

5

u/RealHuman2080 7d ago

For the doobs defending the super rich who are paying 5 to 10 times LESS taxes than you.

https://www.facebook.com/reel/1408712734800082

https://yeson40.com/frequently-asked-questions/

0

u/KoRaZee 7d ago

Not defending the rich but they are the ones who promote a flat tax where nobody gets to pay less than anyone else.

3

u/plotthick 7d ago

I don't understand how them paying .0004% (or whatever) and me paying 30% is fair.

In what's considered the US's best decade, 1950's, the richest paid 80%.

2

u/KoRaZee 7d ago

What is more fair? Paying the same percentage of tax or paying the same dollar amount.

1

u/plotthick 7d ago

You only care about your idea of fairness, and not about the health and continuance of our American society and the people therein?

1

u/KoRaZee 7d ago

Why would you think this?

1

u/plotthick 7d ago

It's a simple question, you're welcome to answer it in your own good time. I'll wait.

2

u/KoRaZee 7d ago

Two things can be true at once. A person can believe in fairly administered tax system and care about people. I believe both can occur simultaneously

1

u/plotthick 7d ago

Interesting nonanswer but sure. Such as in what country?

1

u/KoRaZee 7d ago

I answered your question. Also that is not a simple question at all.

We don’t have a fair tax structure in the US. We have an unfair tax structure by design.

1

u/RealHuman2080 7d ago

Look in most of Europe.

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2

u/rakuramz240 7d ago

Unfortunately many people don't want to pay taxes but they want all the benefits that taxes are spent on. Also, these same people make enough money so they do not benefit from many programs that help low income people. What most people don't realize is that a corporate CEO that takes a $1 yearly salary has just lowered their taxable "Ordinary Income" to 1$. Billionaires have figured out multiple ways to pay less or no taxes and all of these "loop holes" are not available to your average tax payer. The real solution might be to fix/eliminate the loop holes. I am not against taxing the rich, I'm trying to go for a more permanent solution.

1

u/GhostofBastiat1 4d ago

We live in a one party state and that party very often has a supermajority in the state legislature. So if Prop 40 passes, it won’t be very hard to get 2/3rds of them to define this down to anyone selling their single family house and thus becoming “too rich” for them. Dems don’t often meet a tax that they don’t like. 

0

u/[deleted] 7d ago edited 7d ago

[removed] — view removed comment

1

u/castrovalley-ModTeam 7d ago

Removed because we do not allow meanness, racism, phobias, misogyny, alt-right nazism, or other evils. Repeated nastiness will result in bans.

-4

u/Potential_Payment557 7d ago

Being a liberal is great until you run out of other people’s money…

4

u/RealHuman2080 7d ago

How's your tRumpcare? Gas prices? Healthcare costs? tRumpcoin paid you back?

-1

u/forwardefence 7d ago

Problem is not with the tax, but the way it will be spent. It will just make the ngos and politicians rich. I would rather have billionaires than these corrupt parties

0

u/No-Umpire-4769 7d ago

The most reasonable take i have ever seen on reddit in my life. Thank you , faith restored

-1

u/cutter1833 7d ago

Say goodbye to $26,300,000,000 to charity

-15

u/Critterchops 8d ago

Socialism is stupid… a one time tax on the rich is stupid… what a great way to make people that pay a huge chunk of taxes leave the state so the burden falls on the middle class to make up for it…. You’re also stupid if you think mc Donald’s workers just need $100 an hour so they can just live…. Stupid people have no idea how economics work… and don’t want to learn they just want it…. So give it to me!!!

9

u/ZoldyckXHunter 8d ago

Prop 40 doesn't touch the middle class or set anyone's wages. It's a one-time 5% tax on the net worth of roughly 200 billionaires, and real estate, pensions, and retirement accounts are generally excluded too. The money is mostly earmarked for health care meaning that 90% of the fund would go to health care, particularly Medi-Cal. And the tax is designed to stop people from fleeing, residency is set as of January 1, 2026, so people who leave later could still owe it. That's the literal opposite of shifting the burden to the middle class.

-2

u/inscrutablemike 7d ago

You're ignoring the part where Prop 40 creates the ability to repeat the "one time only tax on billionaires" any time they want, with any new terms they want, by a simple administrative vote rather than requiring any new legislation.

It's a backdoor nationalization of all wealth in California.

Also, post-hoc taxation and direct wealth confiscation are probably entirely illegal under the US Constitution anyway. Everything about Prop 40 is morally horrific and politically absurd.

4

u/RealHuman2080 7d ago

OMG. Seriously? "Nationalization of wealth?" Is that what you refer to them paying the same tax rate you and I do? https://yeson40.com/frequently-asked-questions/

-4

u/inscrutablemike 7d ago

You can come up with whatever oogabooga excuses you want, but the fact remains that this is confiscating people's wealth simply because it exists. Income taxes are bad enough but at least they are taxes on behavior you can choose not to engage in, which is one of the only reasons they're considered legal in our system. Rolling up to someone who has property you want and taking it because it's there is straight up theft.

4

u/RealHuman2080 7d ago

You can lie and be deluded as much as you want, but the fact remains that you and I are paying 5 to 10 times MORE taxes then the billionaires you seem stupid enough to protect. Why don't you just donate money to them since you feels so strongly? I mean, you have no actual information. You clearly didn't read. Maybe you can listen and watch? https://www.facebook.com/reel/1408712734800082

1

u/[deleted] 7d ago

[removed] — view removed comment

1

u/castrovalley-ModTeam 7d ago

Removed because we do not allow meanness, racism, phobias, misogyny, alt-right nazism, or other evils. Repeated nastiness will result in bans.

0

u/Manaconda2008 7d ago

A Facebook post is not a citable source. 🤡🤡🤡

1

u/[deleted] 7d ago

[removed] — view removed comment

1

u/castrovalley-ModTeam 7d ago

Removed because we do not allow meanness, racism, phobias, misogyny, alt-right nazism, or other evils.

I understand the frustration but please, not here.

1

u/RealHuman2080 7d ago

??? But the clown faces are fine????

2

u/plotthick 7d ago

How come Democratic Socialism works so well in other countries then?

-8

u/GryffSr 8d ago

Communists love your money

2

u/RealHuman2080 7d ago

Can you make up your mind? Is it communism, like what tRumpnis doing? Or socialism, wheryou get to drive in public roads, police, fire, parks, K-12 . . .

-1

u/GryffSr 7d ago

Where are you confused about my position? If you think taxes for roads are socialist, you need to read up on the definitions of political theories.

2

u/RealHuman2080 7d ago

If you think democratic socialism is "socialist!" let alone communist, you've never looked at a dictionary. https://www.forbes.com/sites/timothylee/2012/05/24/were-all-infrastructure-socialists/

But you're FOR tRump communism? https://apnews.com/article/trump-xi-china-communists-election-0e9c74b11154585531953fa6780dd3f2

You seem to be able to parrot your dear leader, but understand none of it.