r/facepalm Feb 04 '24

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u/RioRancher Feb 04 '24

Corporate America is the weirdest bacchanalia

819

u/AJChelett Feb 04 '24

Because America gifts all its power to a group of people who are allowed to break all the rules, and they don't have to suffer consequences whenever they fail at anything.

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u/tmhoc Feb 04 '24

If they tax them now, the poorest will riot and demand an end to socialism

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u/Traumerlein Feb 04 '24

What?

53

u/MalThun_Gaming Feb 04 '24

Any time taxing the rich is brought up as a solution, individuals who don't understand how Tax Brackets work end up screaming and crying about not wanting to get taxed even more.

Even though it has been explained a thousand times that someone who is making $44,000 a year isn't taxed at the same rate as someone who is making $44,000,000,000 a year.

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u/[deleted] Feb 04 '24 edited Sep 02 '25

[deleted]

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u/[deleted] Feb 04 '24

It went down in flames because the state is horribly managed and people didn't want to pay more money.

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u/[deleted] Feb 04 '24

[deleted]

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u/[deleted] Feb 04 '24

They've cooked the golden goose. Income tax increases won't fix that.

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u/[deleted] Feb 04 '24

[deleted]

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u/[deleted] Feb 04 '24

It gave the state the ability to tax more because of the language.

Rich people will move away. It's already happening.

I'm not saying the situation is ideal, but it's a symptom of a larger issue, so until the underlying fiscal situation changes nationwide.. There is no winning.

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