A Simple Fix: Tax the Rich

Richard Glidewell

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Now u know u only talk like this around people with money. Prepare to be attacked by lifetime underachievers. With that said the American tax code is antiquated and unbalanced. U have bezos trump musk all paying nearly no taxes while everyday workers pay 20-30%. U can’t blame them personally for utilizing tools aimed for their benefit. Hopefully we get a universal tax code soon. Some of these ninjas would rather pay taxes than allow trump to fix it.
What you can do is abolish the bullshyt and implement a flat tax across the board........but they don't want transparency which is why they hide behind the loophole and easing tax burden talk.......
 

ReasonableMatic

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Post from Garys Economics- his book

All these tax breaks for the rich Trump and Elon are pushing will destroy the middle class.
MAGA is slowly realizing they are getting screwed, but they haven’t made the full connection.

When they do, those town halls will get really active



Shoutout to Assata Shakur and the Black Panthers.
 

Lucky_Lefty

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What you can do is abolish the bullshyt and implement a flat tax across the board........but they don't want transparency which is why they hide behind the loophole and easing tax burden talk.......
And what does a regressive tax do for lower income and middle class families besides lessen their purchasing power
 

Sir Richard Spirit

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I think there is this idea that if you tax the rich more you will get a better society. For a long time I thought this. I don’t anymore. Taxing the rich will lead to even more benefits for them.

The government has to be reshaped and modernized. Not the DOGE way by “saving” money and reducing staff , but expanding its services to fit into a modern society. Expanding the government further into service will lead to a better society.
 

Gloxina

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Now u know u only talk like this around people with money. Prepare to be attacked by lifetime underachievers. With that said the American tax code is antiquated and unbalanced. U have bezos trump musk all paying nearly no taxes while everyday workers pay 20-30%. U can’t blame them personally for utilizing tools aimed for their benefit. Hopefully we get a universal tax code soon. Some of these ninjas would rather pay taxes than allow trump to fix it.
^^^This is the ONLY point.

I'm not rich, but in absolute dollars, I pay so much more in taxes than average income earners that it's not even funny. And last time I checked, I'm taxed at a higher percentage than those that earn less also.

If people are upset that higher earners learn strategies and loopholes to minimize their tax burden, you're probably better off being upset with yourself for not getting to that point and learning the same strategies...



My dude, I’ve lived an incredibly privileged and sheltered life thanks to my parents/ family. Despite our generations of success and relative comfort in this damn nation, they don’t ignore or look down on those who didn’t have the same aspirations or ability to achieve what they achieved.

As I’ve noted here before, most people are average. Folks don’t need to be penalized for that.
 

IIVI

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People don’t realize how much a billion dollars is.

You can afford to pay $2000 rent a day for 1,000+ years with $1 billion dollars. Not a month, a day.

Now think how Jeff Bezos’s net worth went from $75 billion to $240 billion in 3-4 years.

Now they’re talking about giving $4 TRILLION tax cut to a handful of people, from our social security.

Problem is most people have no sense of scale to value how far off they are.
 
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