Tax the rich, give everyone else a tax break, and individuals will invest in their community. Require government accountability.
The problem is the rich (who now can legally own the government) don’t want to build an economy that works for us all.
They are in control and want an economy that works for them, while being able to manipulate the masses into debt slavery, consumerism, and “needing” them to survive.
Notice how every new tool, app, phone, device, etc is veiled in some “this will make your life easier” but in the end it’s just a tool for them to capture our every movement and commodify our every breath.
Too simple. Very complicated issue
First, let’s all agree on what “rich” means.
The let’s agree on what our communities need.
Then… just kidding.. we aren’t getting this far…
This sub is like listening to children. Every two seconds it’s “tax the rich“ and “make the rich pay their fair share“. And it’s always the same people posting this crap over and over again.
At least have the guts to say what you actually mean: “I want to steal from other people, but I’m too much of a coward to do it myself, so I want the government to do it for me. And I’m so morally bankrupt that I think having a middleman do it for me will somehow absolves me of wrongdoing.”
And every time, someone points out the FACT that rich people already pay more than their “fair share“. And here we are yet again. You are pathetic.
Yes, though “taxing the rich” is too one-dimensional for the many, many ways “the economy” has been rigged against the vast majority of people and for our ruling oligarchs/kleptocrats.
The problem with the “tax and redistribute” solution to inequality/oppression is that the people who have grotesque amounts of wealth and power are able to not only prevent redistribution, but also to bludgeon everyone else into giving up everything else also.
Another issue is, systemic corruption in our political system means that voters have essentially zero influence on public policy when their preferences conflict with those of our ruling oligarchs/kleptocrats.
We need to solve our systemic corruption problem before “government” will even be capable of taking on our ruling oligarchs/kleptocrats, who are obviously extremely well resourced.
Economists as a profession have been basically hired by the grotesquely wealthy to give license and ideological cover to their plundering, so many obvious features of reality have been ignored by policymakers as the grotesquely wealthy continue their looting.
By the time you get to questions of taxation, all the major resourcing and policy decisions have already been made.
So taxing the rich as a standalone solution without looking at “predistribution” is kind of like coming in at the 9th inning when you’re already down by 1000 runs and expecting to turn things around. The game is already over at that point, but people just haven’t realized it yet.
Which is part of why shortening the work week (which we should have done when women entered the paid labor force in meaningful numbers, doubling the paid labor supply) is so important – people need to have time to develop fully, and to participate in their communities and political processes in order to challenge the power of our ruling oligarchs/kleptocrats.
Currently, most people spend most of their time and energy working for the profits of our ruling oligarchs/kleptocrats to the exclusion of every other possibility.
Clawing back some of that time, political power, and energy for the public and working classes, would be a massive win for humanity.
We must tax the most wealthy at a much higher rate as we must pay for all the stupid shit they demand. Once this is achieved maybe they will stop with the globalist nonsense.
Let them own nothing and be happy.
That isnt an economy that works for all.That is an economy that works to people who want to be handed things instead of earning them.
That’s what’s happening right now..
The same people who make fun of ill-informed Trumpists for being attracted to his idiotic oversimplifications of complicated issues when it comes to the economy:
Just create a standard deduction for people and tax all other income at a flat rate.
Deduction up to 150% of poverty for everyone. So, if poverty for a family of 4 is $30,000, then subtract $45,000 off of everyone’s income that has a family of 4. All other income is taxed at 25% or something. No more crap about fairness or anything. The ultra wealthy pay much lower rates. Let’s just get everyone to pay the same rate.
So in other words your idea is to not change a thing?
Will not work – increase the pie
Childish fantasy. Sending more money to Washington just means that it will all
get funneled to the politically-connected in places like the military industrial complex. Average people will not be the beneficiaries of any further revenue raised via increased taxation.
Too vague to be actionable or useful.
Otherwise: completely agree
Are the 14 year olds now running this sub?
Wrong!
We don’t want socialism.
We want capitalism.
I guess when you hold those evil rich capitalist people down and tax them to death, you are going to also make them give you a $30 minimum wage.
I guess you will demand that their prices on their products be low and they have to put a cap on their profits.
While you’re at it, mandate they give you free healthcare.
“To every man his fair share of the world and no more, and to every man his full share of the world’s goods.” …Saul Alinsky
I’ve yet to see this idea work in the world since it was written 77 years ago.
Just say no to socialism
Just say no to communism.
Is there any sub where we actually discuss economic theory, debate articles and research? It seems most people who post here have never read a basic economic manual.
I DO NOT AGREE. That is known as an “Economic Fallacy”. You cannot actually TAX your way into prosperity. Its never been done, or observed, or can even work. It mathematically cannot work. Ask me why and I will answer that too but if you are a Liberal, just warning you, its has math in it.
I am agnostic about this statement, it’s a general statement that doesn’t offer a real proposition and you will realize how troubling it is to believe in such a statement without a practical plan or a vision, questions will be asked and they will be hard to answer. what do you mean by truly? what is the scope of economy you are concerned with you mean by economy? working for all of us, the world, the nation, community, western civilization? what kind of taxing would that look like? who are the rich and corporations that you are pointing to? what why of investing or spending will that look like? and the most important one, how will collect and spend that money? If you can’t clearly answer any question, then you don’t have any vision or plan.
Corporations don’t pay taxes people do…it’s the owners of the corporation s that pay the tax…
The burden of taxes should be on those that have the ability to pay more
A move away from taxing income to taxing consumption…but still taxing those higher income earners…and that definition needs to be determined
I think paying people proportional to the amount of wealth they create for the business owner so the people can invest that money themselves would be better than letting the owner class reap massive profits off the labor of the workers who operate their businesses. Because they usually don’t reinvest, they hide it away one way or another.
Time for Elon’s d*ck-sucking legion to march in
first thing we have to do is enact term limits for all government officials, so that tax money doesn’t support life long politicians.. if you don’t do that no dreams will ever become a reality..
The top 10% already pay most of the taxes, and most of that money is squandered by the democrats.
You can confiscate 100% of the billionires wealth, and it would be spent in under 2 years
If we truly want to build an economy, that works for us all, no government, organizations or groups should have control of a monetary system, to prevent manipulation of the system in their favor. Then all the policies,ideas, new techniques and technology the people work hard to come up with trying to build a better economic system can actually start to take shape without the interference of those manipulating the one thing that mostly fuels the economy, Money.
If we want to prosper, let’s get rid of the federal reserve and have money creation handled by the US treasury. Local and regional banks can borrow money from the treasury at interest rates that are set by the government and that interest goes into the treasury instead of to private banking entities. That interest will be a large amount of money, and we won’t need to pay taxes to pay the interest back so our tax rates will go down! More money for communities! More money in our pockets! And yes by all means let’s tax there rich!
27 comments
Tax the rich, give everyone else a tax break, and individuals will invest in their community. Require government accountability.
The problem is the rich (who now can legally own the government) don’t want to build an economy that works for us all.
They are in control and want an economy that works for them, while being able to manipulate the masses into debt slavery, consumerism, and “needing” them to survive.
Notice how every new tool, app, phone, device, etc is veiled in some “this will make your life easier” but in the end it’s just a tool for them to capture our every movement and commodify our every breath.
Too simple. Very complicated issue
First, let’s all agree on what “rich” means.
The let’s agree on what our communities need.
Then… just kidding.. we aren’t getting this far…
This sub is like listening to children. Every two seconds it’s “tax the rich“ and “make the rich pay their fair share“. And it’s always the same people posting this crap over and over again.
At least have the guts to say what you actually mean: “I want to steal from other people, but I’m too much of a coward to do it myself, so I want the government to do it for me. And I’m so morally bankrupt that I think having a middleman do it for me will somehow absolves me of wrongdoing.”
And every time, someone points out the FACT that rich people already pay more than their “fair share“. And here we are yet again. You are pathetic.
Yes, though “taxing the rich” is too one-dimensional for the many, many ways “the economy” has been rigged against the vast majority of people and for our ruling oligarchs/kleptocrats.
https://en.wikipedia.org/wiki/Predistribution
The problem with the “tax and redistribute” solution to inequality/oppression is that the people who have grotesque amounts of wealth and power are able to not only prevent redistribution, but also to bludgeon everyone else into giving up everything else also.
https://www.youtube.com/watch?v=0uzc-5BQKz4
Another issue is, systemic corruption in our political system means that voters have essentially zero influence on public policy when their preferences conflict with those of our ruling oligarchs/kleptocrats.
We need to solve our systemic corruption problem before “government” will even be capable of taking on our ruling oligarchs/kleptocrats, who are obviously extremely well resourced.
https://represent.us/americas-corruption-problem/
https://represent.us/the-strategy-to-end-corruption/
https://represent.us/2024-campaigns/
Economists as a profession have been basically hired by the grotesquely wealthy to give license and ideological cover to their plundering, so many obvious features of reality have been ignored by policymakers as the grotesquely wealthy continue their looting.
https://www.imf.org/en/Publications/fandd/issues/2024/03/Symposium-Rethinking-Economics-Angus-Deaton
By the time you get to questions of taxation, all the major resourcing and policy decisions have already been made.
So taxing the rich as a standalone solution without looking at “predistribution” is kind of like coming in at the 9th inning when you’re already down by 1000 runs and expecting to turn things around. The game is already over at that point, but people just haven’t realized it yet.
Which is part of why shortening the work week (which we should have done when women entered the paid labor force in meaningful numbers, doubling the paid labor supply) is so important – people need to have time to develop fully, and to participate in their communities and political processes in order to challenge the power of our ruling oligarchs/kleptocrats.
https://www.sanders.senate.gov/wp-content/uploads/32-Hour-Workweek-Act_Fact-Sheet_FINAL.pdf
Currently, most people spend most of their time and energy working for the profits of our ruling oligarchs/kleptocrats to the exclusion of every other possibility.
Clawing back some of that time, political power, and energy for the public and working classes, would be a massive win for humanity.
We must tax the most wealthy at a much higher rate as we must pay for all the stupid shit they demand. Once this is achieved maybe they will stop with the globalist nonsense.
Let them own nothing and be happy.
That isnt an economy that works for all.That is an economy that works to people who want to be handed things instead of earning them.
That’s what’s happening right now..
The same people who make fun of ill-informed Trumpists for being attracted to his idiotic oversimplifications of complicated issues when it comes to the economy:
Just create a standard deduction for people and tax all other income at a flat rate.
Deduction up to 150% of poverty for everyone. So, if poverty for a family of 4 is $30,000, then subtract $45,000 off of everyone’s income that has a family of 4. All other income is taxed at 25% or something. No more crap about fairness or anything. The ultra wealthy pay much lower rates. Let’s just get everyone to pay the same rate.
So in other words your idea is to not change a thing?
Will not work – increase the pie
Childish fantasy. Sending more money to Washington just means that it will all
get funneled to the politically-connected in places like the military industrial complex. Average people will not be the beneficiaries of any further revenue raised via increased taxation.
Too vague to be actionable or useful.
Otherwise: completely agree
Are the 14 year olds now running this sub?
Wrong!
We don’t want socialism.
We want capitalism.
I guess when you hold those evil rich capitalist people down and tax them to death, you are going to also make them give you a $30 minimum wage.
I guess you will demand that their prices on their products be low and they have to put a cap on their profits.
While you’re at it, mandate they give you free healthcare.
“To every man his fair share of the world and no more, and to every man his full share of the world’s goods.” …Saul Alinsky
I’ve yet to see this idea work in the world since it was written 77 years ago.
Just say no to socialism
Just say no to communism.
Is there any sub where we actually discuss economic theory, debate articles and research? It seems most people who post here have never read a basic economic manual.
I DO NOT AGREE. That is known as an “Economic Fallacy”. You cannot actually TAX your way into prosperity. Its never been done, or observed, or can even work. It mathematically cannot work. Ask me why and I will answer that too but if you are a Liberal, just warning you, its has math in it.
I am agnostic about this statement, it’s a general statement that doesn’t offer a real proposition and you will realize how troubling it is to believe in such a statement without a practical plan or a vision, questions will be asked and they will be hard to answer. what do you mean by truly? what is the scope of economy you are concerned with you mean by economy? working for all of us, the world, the nation, community, western civilization? what kind of taxing would that look like? who are the rich and corporations that you are pointing to? what why of investing or spending will that look like? and the most important one, how will collect and spend that money? If you can’t clearly answer any question, then you don’t have any vision or plan.
Corporations don’t pay taxes people do…it’s the owners of the corporation s that pay the tax…
The burden of taxes should be on those that have the ability to pay more
A move away from taxing income to taxing consumption…but still taxing those higher income earners…and that definition needs to be determined
I think paying people proportional to the amount of wealth they create for the business owner so the people can invest that money themselves would be better than letting the owner class reap massive profits off the labor of the workers who operate their businesses. Because they usually don’t reinvest, they hide it away one way or another.
Time for Elon’s d*ck-sucking legion to march in
first thing we have to do is enact term limits for all government officials, so that tax money doesn’t support life long politicians.. if you don’t do that no dreams will ever become a reality..
The top 10% already pay most of the taxes, and most of that money is squandered by the democrats.
You can confiscate 100% of the billionires wealth, and it would be spent in under 2 years
If we truly want to build an economy, that works for us all, no government, organizations or groups should have control of a monetary system, to prevent manipulation of the system in their favor. Then all the policies,ideas, new techniques and technology the people work hard to come up with trying to build a better economic system can actually start to take shape without the interference of those manipulating the one thing that mostly fuels the economy, Money.
If we want to prosper, let’s get rid of the federal reserve and have money creation handled by the US treasury. Local and regional banks can borrow money from the treasury at interest rates that are set by the government and that interest goes into the treasury instead of to private banking entities. That interest will be a large amount of money, and we won’t need to pay taxes to pay the interest back so our tax rates will go down! More money for communities! More money in our pockets! And yes by all means let’s tax there rich!