We Need a Wealth Tax

[elfenix 34,168]

5 hours ago, Captainant said:

Unrealized gains are routinely used as collateral for loans, which enables the investor class to liquidate their holdings tax free AND drive the inflation cycle to help deprecate their own debt bubble. 

using something as non purchase money collateral should be a realization event.  exempt your homestead.

[Willfully Horn 7,913]

10 hours ago, Don Johnson said:

That article is a joke based on including unrealized gains as income. 
 

 

 

Unrealized gains which pass on to the next generation might not be taxed at all.

[HenryJames 65,868]

I may only sell Maga hats by the side of the road, but the chances are pretty high that I will be a billionaire at some point and that’s why I vote for their interests. 

[WhatTheBuck 28,700]

9 hours ago, HendersonHorns said:

would a 10% flat tax across the board with no breaks fix things?

No.

[Neonmoon 38,127]

Everyone should pay more taxes, especially the wealthy. 

Anyone who says the government will waste their money should be mocked for their stupidity 

[Brew 3,044]

15 hours ago, Don Johnson said:

Actually none of that is fantasy. 

That said, I’d love to see some backup on the bottom 50% paying an effective tax rate of 24%. 

It’s not correct, nor anywhere near correct. I think the actual numbers on the bottom 50% of income earners is sub 5%. I even played with some data using taxpayers (eliminating those that pay no tax) and I don’t think you can get there although it is closer. 

[Don Johnson 4,744]

44 minutes ago, Brew said:

It’s not correct, nor anywhere near correct. I think the actual numbers on the bottom 50% of income earners is sub 5%. I even played with some data using taxpayers (eliminating those that pay no tax) and I don’t think you can get there although it is closer. 

Was a tweet with intentionally false info, meant to rile people up, and everyone ITT believed it hook, line, and sinker.

[fattyflattie 4,636]

1 hour ago, Neonmoon said:

Everyone should pay more taxes, especially the wealthy. 

Everyone?  About time. 
 

 

[4th&Five 41,457]

[Neonmoon 38,127]

5 hours ago, BeardIP said:

This kind of take grosses me out, tbh. I’m sure my take(s) do the same for you. What a weird life we choose to lead when we first are conceived, to turn an aphorism on its head.

I’ve probably put a bakers’s dozen of your banned handles on ignore, so yes Chrispy, I don’t enjoy your opinion or your incessant need to join a community where you are clearly not wanted. In fact, sooner or later, I will leave since you and GRHorn ruin every thread with your anti-government, anti-American, anti-vax, crypto hot takes. While you, unlike GRHorn, have toned down your rhetoric in an effort to keep a handle for longer than a month, it’s still the same nonsense. Necro bumping vaccine threads to stir shit up. Shit talking America for not hating India. You exist to constantly stir hate and division. 

[F250 28,659]

39 minutes ago, Neonmoon said:

I’ve probably put a bakers’s dozen of your banned handles on ignore, so yes Chrispy, I don’t enjoy your opinion or your incessant need to join a community where you are clearly not wanted. In fact, sooner or later, I will leave since you and GRHorn ruin every thread with your anti-government, anti-American, anti-vax, crypto hot takes. While you, unlike GRHorn, have toned down your rhetoric in an effort to keep a handle for longer than a month, it’s still the same nonsense. Necro bumping vaccine threads to stir shit up. Shit talking America for not hating India. You exist to constantly stir hate and division. 

Personally, he doesn't bother me but I admit that he does come off as a weird creep breathing weasel.

[Longhorn_Fan68 33,825]

5 minutes ago, F250 said:

weird creep breathing weasel.

[F250 28,659]

2 minutes ago, Longhorn_Fan68 said:

 

Someone that does a poor job of putting on a facade to hide their true intentions. Usually, they struggle to mimic normal human behavior due a lack of social skills. As a result, whatever they are being sneaky about comes off as creepy.

The vibe is, "that dude is weird, I think he is going to sniff our seats when we leave the room." Although, he might just be waiting to pitch Amway products but he comes off as a sweaty mouth breathing pervert due to their odd weaselly personality.

 

[Biff Tannen 45,477]

10 minutes ago, F250 said:

 

Someone that does a poor job of putting on a facade to hide their true intentions. Usually, they struggle to mimic normal human behavior due a lack of social skills. As a result, whatever they are being sneaky about comes off as creepy.

The vibe is, "that dude is weird, I think he is going to sniff our seats when we leave the room." Although, he might just be waiting to pitch Amway products but he comes off as a sweaty mouth breathing pervert due to their odd weaselly personality.

 

[F250 28,659]

34 minutes ago, Biff Tannen said:

Kinda like that.

[HenryJames 65,868]

[HenryJames 65,868]

[Biff Tannen 45,477]

We live in an oligarchy.

[Brisketexan 104,465]

We live in an oligarchy.

No we don’t. Oligarchies are more benevolent.

[Fudge Nuggets 19,118]

On 5/16/2024 at 5:42 PM, Biff Tannen said:

We live in an oligarchy.

 No shit.

[Captainant 27,311]

On 5/16/2024 at 5:40 PM, HenryJames said:

"As long as it's a video, it's OBVIOUSLY true"

- immamac, probably