Nearly 60% of Americans support increasing top marginal tax rate to 70% for incomes over $10M

[dora_da_destroyer]

False. It's not aggressive enough. In Scandinavia they tax everyone making over 60,000 at a near 50% clip. AOC recommendation is quite same compared to what better functioning countries do.

How Scandinavian Countries Pay for Their Government Spending

And they have better services...to assume the us will flip a switch and create better social and government services simply because they’re getting more money in is to ignore basically our entire history of government over the past 100 years.

Y’all gotta stop holding up these homogenous societies to the US as if racial dynamics aren’t the reason we can’t operate like them, no matter the money. If the us raises taxes it’ll be for naught

 

[FAH1223]

70%??? are yall fukking crazy??? that shyt is way too high... why do people have to pay for your inability to run a government??

70% is outrageous

Is she promising MTV during study hall, and pizza for lunch every day?

Keep dreaming...this is America lol

fukk no.

And don’t even think about raising capital gains

It's going to happen in our lifetimes. 70% was the top marginal tax rate less than 40 years ago.

Watch Capital Gains goes towards 30% and the Corporate Tax will go back to 30%

 

[GodinDaFlesh]

fukk tax increases, the government already has enough money but I still see tons of poverty and mismanagement. Work wonders with what you have already first before you think about raising taxes again.

 

[Secure Da Bag]

fukk tax increases, the government already has enough money but I still see tons of poverty and mismanagement. Work wonders with what you have already first before you think about raising taxes again.

I agree. Rollback the tax cuts, stop corporate welfare, start bringing home [responsibly] the military, end the war on Weed, stop funding private prisons, stop making criminality a profit venture, drop the Wall, and open government. The government waste is appalling.

 

[FAH1223]

And they have better services...to assume the us will flip a switch and create better social and government services simply because they’re getting more money in is to ignore basically our entire history of government over the past 100 years.

Y’all gotta stop holding up these homogenous societies to the US as if racial dynamics aren’t the reason we can’t operate like them, no matter the money. If the us raises taxes it’ll be for naught

You have to also remember, the GOP administrations in the last 30 years have intentionally done things to make government NOT work efficiently so that they can sell that 'government is the problem' to lower tax revenue and continue to build upon the empire.

fukk tax increases, the government already has enough money but I still see tons of poverty and mismanagement. Work wonders with what you have already first before you think about raising taxes again.

You make over $10M? You a major corporation sitting on billions of profits buying back your own stock? Raising taxes on the ruling class is long overdue.

 

[Secure Da Bag]

fukk no.

Why not?

And don’t even think about raising capital gains

Why not?

 

[Wild self]

Smh @ these Republican posters defending their feudal overlords.

 

[levitate]

I'm as left as they come but fukk outta here with that high ass tax rate...

 

[feelosofer]

bro EVERYBODY is looking for ways to cut them taxes.

From folks making $50K, to multimillionaires.
Steph makes enough money, and knows enough people to hit every damn loophole in the world.

Im sure he's taken care of (I forgot he's in Cali though).

But still...
...I realize this board is full of young folks...
...but trust, once yall get out into the real world and start paying taxes, and paying attention to what the Gov does with your money...yall will change up how you look at this shyt.

I have yet to talk to a black person that was a business person/entrepreneur/hustler that was into raising taxes.

I'm a business owner and I'm ok with the increase its not as dramatic as it's being made out to be. I'm not making 10 million a year, but if its a gradual increase based on income, I think that's reasonable with some tweaks.

 

[Jhoon]

I'm as left as they come but fukk outta here with that high ass tax rate...

then obviously youre not left.

 

[ELESDEE616]

I'm as left as they come but fukk outta here with that high ass tax rate...

 

[88m3]

300% tax rate anything over 10 Million a year

 

[dora_da_destroyer]

300% tax rate anything over 10 Million a year

How about we simply don’t allow anyone to earn over $10M

 

[DEAD7]

Some liberals hate success.

 

[88m3]

How about we simply don’t allow anyone to earn over $10M

that may be challenging for companies because they're "someone" but I like where your head is