If Billionaires Paid More Taxes, Would The Govt. Even Put That Money To Good Use?

[RARI_Godwind]

Just read the disastrous responses in this thread Y’all so abused man. Which admittedly I can’t blame

Brehs continuously making examples of why they themselves just shouldn’t pay taxes.
Let’s see how that works out for you.
You supply capital to businesses, thereby keeping people employed. Where’s your tax break? Better yet, where’s your infusion of cash for doing so, so that you may further patronize more businesses?

Why should you have to pay taxes for things you don’t support if you never see the benefit? Why defend @Another Man not paying his taxes when he got it like that?


Big Headed at
“The Defense Spending”
“It’s gonna go to the Jews”
“They’ll waste it anyway like they always do”
“They employ people”

As if laws don’t change. Like we don’t vote on the people who can and do change the laws. As if nothing else would happen other than congress taking Bezos, Gates, and Musk’s lunch money.


Trillions of dollars could be collected for the public’s wellbeing over just 1 decade. $1 trillion is 1,000 billions. You think a community wouldn’t be entirely overhauled with an infusion of $1billion. Now how bout a thousand communities? Maybe not every community needs $1billion. Maybe they need 1/3 of that. 3,000+ American communities now have 100s of millions for all the sht you’d complain about out of, not thin air but get this, people hoarding the fukkkng money. That’s $1Trillion and these people you’re sucking off are still richer than god.

Oh yea that $1Billion, just the 1, would take you 10s of thousands of years to make even if you a 6 figures breh. That’s working, everyday as you do right now, taking no days off, your little paid vacations, WITHOUT expenses added in or taking into account the natural human lifespan. So either billionaires are lizard people, have been handed unfair advantages, or your bch ass just don’t work hard enough. Idk you pick.

 

[BaldingSoHard]

The rich actually pay more in taxes as far as the actual dollar amount...

Actually they don't...

So this is (one of) Jeff Bezos' houses.

I'm using Jeff Bezos because at the moment, he is the poster boy for the "billionares bad" movement.

Are you of the belief, that Jeff Bezos pays less in property taxes on this estate than you pay in all your taxes combined?




This is Jeff Bezos' yacht.

Do you believe the sales tax on this $400 million yacht was less than all the taxes you've paid on your income?

 

[Scustin Bieburr]

If thats your argument then nobody should be taxed at all if the govt will just waste it or do nothing with it. Its a slippery slope argument that will have you with non existent or even worse social services.

A lot of tax money goes to an inefficient Healthcare system, military aid for what is essentially an imperial outpost(israel) and failed attempts at imperialism(Iraq and Afghanistan)

Today's conservatives are frauds. In the 1950s and 1960s, unions were more prevalent, and millionaires were taxed more. The time america was 'great' was when the govt spent more on social services and regulated incomes more. The repeal of the glass steagle act and NAFTA basically decimated the gains that were made by labor for several years.

 

[RARI_Godwind]

@CreepyMcCreeperson breh but you one of my favorite people on here. Not the automation sht tho breh

Japan and China populations literally shrinking. Meaning there will be less people there in 50 years than there are now. That is absolutely disastrous for an economy and a nation’s survival. They have a legitimate need for automation as well as the technological and manufacturing capabilities to pioneer the space….

Have you seen them doing that sht??

They need people not machines. Nevermind that, machines don’t consume. They have no purpose cultivating products for corporations that cannot be consumed. Meaning they can replace an entire staff of people but if nobody can even buy the products why tf would you buy the machines?

Also the maintenance, overhead, planned obsolescence, etc.

If every thing automated, and there’s millions upon millions of restless, hungry, homeless unemployed and unemployable people roving the streets every night…

Like the sht don’t even make sense.

 

[™BlackPearl The Empress™]

So this is (one of) Jeff Bezos' houses.

I'm using Jeff Bezos because at the moment, he is the poster boy for the "billionares bad" movement.

Are you of the belief, that Jeff Bezos pays less in property taxes on this estate than you pay in all your taxes combined?




This is Jeff Bezos' yacht.

Do you believe the sales tax on this $400 million yacht was less than all the taxes you've paid on your income?

Exactly. They haven't put that much thought into the arguments. The tax paid on that boat is probably more tax then most of them will pay in a lifetime.

On top of that, the same people they vote for are using the same shelters to save their own money.

 

[RARI_Godwind]

Using Detroit as an example. A city that was thriving because there were domestic manufacturing that was later destroyed by the advent of outsourcing by the very same billionaires and corporations you’re defending

Shout out Detroit tho

 

[Scustin Bieburr]

In domestic affairs, Eisenhower supported a policy of "modern Republicanism" that occupied a middle ground between liberal Democrats and the conservative wing of the Republican Party. Eisenhower continued New Deal programs, expanded Social Security, and prioritized a balanced budget over tax cuts. He played a major role in establishing the Interstate Highway System, a massive infrastructure project consisting of tens of thousands of miles of divided highways. After the launch of Sputnik 1, Eisenhower signed the National Defense Education Act and presided over the creation of NASA. Though he did not embrace the Supreme Court's landmark desegregation ruling in the 1954 case of Brown v. Board of Education, Eisenhower enforced the Court's holding and signed the first significant civil rights bill since the end of Reconstruction.

Presidency of Dwight D. Eisenhower - Wikipedia

This is what Republicans should be doing. They're a zombie party dominated completely by the wealthy.

 

[BaldingSoHard]

Exactly. They haven't put that much thought into the arguments. The tax paid on that boat is probably more tax then most of them will pay in a lifetime.

On top of that, the same people they vote for are using the same shelters to save their own money.

CA has a 7.25% sales tax.
7.25% of $400,000,000 is $29 million.
So yeah, more than most of them and their entire family will EARN in a lifetime, by a wide margin.

And that was a one-time tax for a one-time expenditure; one swipe in one day...
Bezos' likely pays tens of millions in just sales taxes every year.

 

[Prince.Skeletor]

I think many of you didn't understand the thread.
When I say will the money go to good use for the people, that does not mean rich people should not pay more taxes.
It means saying rich people should pay more taxes means nothing, it's like building bridges with no roads.

Someone posted Jeff Bezos's yatch, which has a yatch on top of the yatch, and his massive house.
I agree, it's insane.

But if the rich pay more taxes, that money will still go to OTHER rich people anyhow.
All that i'm saying is that saying tax the rich is massively an incomplete solution, it's just a transfer of wealth from one wealthy person to another.
You have to fix the problem alongside increasing tax on the rich, and when people only say tax the rich don't necessarily believe they on your side.

Think of this:
1) The U.S. Govt pays Exxon Mobil for Research & Development.
2) The U.S. Govt. pays Big Pharma for research and development
3) The U.S. Govt. pays almost mega-corps under every vertical and find "some way" to send them massive amounts of money
4) As far as weapons manufacturers goes, well you already know that.

All your tax money goes to the rich, and it will be the same when the rich are taxed more too.

That does NOT mean I think we should not tax the rich.
I'm just saying, it's not the only thing to fight for.

When Libertarians say they want limited govt., they have a point, just look at where our money goes.
When Social Democrats(leftists) say we need to tax the rich for more social programs, they are ALSO right!!!

No the two don't have to contradict each other, we need the happy medium.
And the question that this thread poses.... IS A VERY IMPORTANT QUESTION THAT SHOULD BE TOP OF MIND!!!!

 

[Drip Bayless]

So this is (one of) Jeff Bezos' houses.

I'm using Jeff Bezos because at the moment, he is the poster boy for the "billionares bad" movement.

Are you of the belief, that Jeff Bezos pays less in property taxes on this estate than you pay in all your taxes combined?




This is Jeff Bezos' yacht.

Do you believe the sales tax on this $400 million yacht was less than all the taxes you've paid on your income?

The nikka don’t pay income taxes man
He has more shyt and more expensive shyt, of course the dollar amount gon be higher
We in here talking about the percentages
All that is not even counting the fact that government subsidizes so much of his business through R&D tax credits/breaks and other corporate welfare he damn near breaks even
Same shyt with Elon
They pay taxes but everyone in here pays a much higher percentage of our total cash flow in taxes

 

[BaldingSoHard]

The nikka don’t pay income taxes man
He has more shyt and more expensive shyt, of course the dollar amount gon be higher
We in here talking about the percentages
All that is not even counting the fact that government subsidizes so much of his business through R&D tax credits/breaks and other corporate welfare he damn near breaks even
Same shyt with Elon

Of course he pays income taxes .

How else could he get $400 million to buy a yacht? .

Brehs think he just walked in there and offered them 120,000 shares of Amazon stock for a yacht?

He had to sell stock to get the capital to buy the yacht. When he sold the stock, he paid taxes on the capital gains.

 

[Drip Bayless]

Of course he pays income taxes .

How else could he get $400 million to buy a yacht? .

Brehs think he just walked in there and offered them 120,000 shares of Amazon stock for a yacht?

He had to sell stock to get the capital to buy the yacht. When he sold the stock, he paid taxes on the capital gains.

You only pay taxes on it when you sell it, Tesla jumped how many times in the last few years and Elon only paid taxes on the stocks he sold
Bezos’ salary isn’t even 100k fam
Watch the video and you’ll see what I mean
Elon didn’t pay income taxes in 2018, Bezos did it in 07, and 11
You looking at numbers you should be looking at rates

https://www.forbes.com/sites/sarahh...ion-in-new-wealth-bombshell-report-shows/amp/

 

[levitate]

There’s been a lot of weird billionaire-worshipping lately throughout social media.

It’s like folks are trying to live vicariously through them.

You supporting billionaires paying little to no income taxes will not make you a billionaire.

shyt is akin to poor folks voting Republican and supporting lower corporate taxes. Uhh…OK?

Weird times.

Folks create a podcast, TikTok or YouTube channel…get 150 followers and think they can be the next billionaire. Good luck I guess.

 

[Umoja]

So this is (one of) Jeff Bezos' houses.

I'm using Jeff Bezos because at the moment, he is the poster boy for the "billionares bad" movement.

Are you of the belief, that Jeff Bezos pays less in property taxes on this estate than you pay in all your taxes combined?




This is Jeff Bezos' yacht.

Do you believe the sales tax on this $400 million yacht was less than all the taxes you've paid on your income?

The issue is whether not the amount he pays in taxes is proportionate you stupid fukk.

 

[Will Ross]

High taxes is why we don’t have black generational wealth.