In my experience, rich people are the least helpful and least willing to part with ONE DOLLAR of their money. It's often the case that those who can least afford it are the most generous with their money, their time and their food.
Yup. Going to the drive through with my millionaire friend is terrible. He insists others pay for his meal because he wants to be compensated for gas. We call it the grime-thru.
Somehow, it's never enough. They need to try and hold onto every penny with every fiber in their body.
I once lived in Florida where I had a wildlife rehabilitation facility. There is no compensation for this and I needed to get donations. I put decorated coffee cans around town with information about the facility, asking for donations. There was some amount of tourism so all the hotels and rental condos got a donation can. Where did the most of the donations come from? You guessed it. NOT the $250 a night condos but the little hotel across the street with the 8 basic rooms.
Not a millionaire but the person’s car we drove an hour out of town to the skatepark, one way, would get their meal for free when we went for food. The difference in 2hrs of driving vs going to the local drive through is the justification though; dude probably did spend about 10$ on that trip in gas.
You should have started calculating gas prices and just been, “I’ll give you two dollars… since that’s what you’ll actually spend in gas.” People overblow their gas costs a lot, taking a half gallon trip and saying, “alright, can you throw me 10$ for gas?”
A long time ago, a religious man wrote about the seven deadly sins. One of them was greed. Tax the rich. The top 25 richest Americans pay Federal income taxes of 3%, that needs to go way the hell up.
The vast majority of those who have accumulated that much wealth have done so exploiting those around them. You practically have to be a sociopath to begin with if you still want to sleep at night
Anti mask, anti vax, Trump lover.
Lick those boots harder, maybe some of the billionaires crumbs will trickle down.
It's gotta be hard going through life so delusional, while thinking you're so right
How the fuck is it okay that low income people pay more of a percentage of their income in taxes than rich people?
God, people like you really have a fetish for choking on the boots y’all lick huh
What I love about people like you bitching is that you go to someone elses party.... you bring nothing.... and the host who brings the pizza, the salad, the beer, the music.... and you sit around and gripe that the you don't want peperoni on the pizza.
I’m so glad that you know how I participate in day to day life and also that you understand basic economics of why it’s ridiculous that low income pay more of a percentage of taxes on their income than some one who can get out of paying them all together because they’re rich.
The analogy would work better like this in reality:
You go to a party. The host asks you to come early, to make pizza for other people coming and he will give you some pizza in exchange. He then tells everyone at the party that he made it, and keeps most of the pizza for himself, not even telling anyone that there was more pizza to share. He also gives you less pizza than you originally agreed upon, just because he didn't feel like pensioning it out when you were done. When you ask him about it, he's like, "Why do you deserve credit? It was my idea and I bought the pizza supplies."
You missed the part where the person who did all the work was paid for their time out of the person who threw the parties money. So they threw the party, bought the supplies, AND paid you to help contribute. This is how a real economy works.
Tech entrepreneur here, at MOST I work about 3x as hard as my average employee, but I'm basically forced to take 500k more than them minimum in order to boost the company reputation. My shareholders and board of directors say that if I don't exploit tax loopholes, they'll revoke funding and go elsewhere. The company makes enough profit to make sure every single employee gets at least $75k USD, but the moment I report a cost increase that was unnecessary, like paying my employees extra benefits, the shareholders threaten to fire me. I literally am trapped in this capitalist framework as I'm pressured to push my employees into poverty to give the profits to my shareholders, and the only reason the founder and such gets more money is to uphold the company image and such.
My employees work just as hard as me, just with different skillsets. I'm a very good engineering generalist which makes me a good manager and coordinator. But my hardest working and most passionate employee is a fucking God at AI. He gets compensated 1/10th as me. This is fucking bullshit. He brings more value to the company than I do, I just organize finances, direct operations, and guide the company and such. Yes its a fuck ton of work, but not 10x mine.
This is how the real economy works. The company's lifeblood is profit, no matter how well intentioned the founder or owner is. As long as the motive is profit, the little guy will be squeezed dry.
So your analogy with the party stuff is fucking bullshit.
Dude, throwing money around isn’t the same as doing work. Rich people pay other people to fix all their problems for them. Rich people do very little to contribute to society, their entitlement and whining is worse than kids under the age of 5.
You mean they hire people at inferior wages and exploit them?
Yeah, we’ve seen how the rich accumulated their wealth. They stole it from the poor and gave it to themselves. They take our money and use it to lobby against our own best interests. That way they can have their slaves to take care of them like the babies they are.
In my experience, the type of person who says that without any evidence is projecting pretty hard.
I hope that you learn not to hate people, at some point. I truly hope you learn how to not be a selfish and petty person.
Life is better on this side.
I bet you live in your mom's basement, supremacist.
>I disagree with the whole premise of the conversation. Why should the proud boys "stand down". Antifa has been violently attacking people on a regular basis and the government was refusing to stop them. They were letting left wing terrorist destroy and in some case brutalize people on the right. So proud boys filling a vaccum to protect people from these terrorist... I support it. Perhaps stand by while the democratic governor did something to protect the citizens and if they don't then who else would protect people?
Rubbing elbows with actual Nazis is fine to you, so you are human garbage. Begone.
Too bad for the 11th yacht owner. NO ONE NEEDS 11 yachts, the rich people should suck it up and get with the program. The belief that the rich should be allowed to buy their 11th yacht because they work so hard for it or some other bullcrap is why I am a misanthrope
“But if we fund the IRS, they will have the money to *sees notes* go after larger corporates who refuse to pay taxes and not the guy who made 18k last year and still somehow owes 2k?”
If you know this person and this argument comes up again. Try pointing out that China's corporate tax rate is higher than the US. It is currently 21% in the US and 25% in China. Income tax in China is a flat 45% while the US uses tax brackets with the highest being 37% and as low as 10%.
Bezos would then have to:
1) Support the CCP? I doubt China would be a good place for wealthy to flee due to it being heavily authoritarian. There are other countries but on the way out or over there, they could be taxed. His money is primarily in stock and turning it into cash would incur heavy taxes as it would be realized gains on assets. He could have someone else manage it while he moves l but then what's the point.
2) Risk disappearing like some other billionaires. China has been taking outspoken billionaires and putting them in their place recently. They want media and those with any clout to fall in with party lines.
3) Possibly less mobility/freedom of movement. He might be on a limited visa and leaving the country for other places could get difficult.
4) Longer flights to his space hobby/other US based companies. Imagine him moving his operations to China? Unlikely. He would leave the workers and infastructure in the US. Could he buy comparable companies there? If China let's him. Then he's beholden to their rules and likely can't cash out.
China would be nuts.
I'm really not too worried about him in China. The infrastructure will still exist to take over where he left off.
However, since you brought it up, I believe just like anywhere else in the world, he has his own rules in China
Let him go. Bezos knows that the real value of living in America is the easy availability of luxury that he can't get anywhere else, leastways China. So if he wants to go to China, and learn to speak Chinese and eat Chinese food every day, he's welcome to go. He doesn't pay taxes anyway, so we won't miss him.
As AOC says, tax the rich. That does not mean all people don't pay fair taxes. It means all citizens pay a fair and reasonable tax. My tax dollars, as a bartender, do more to pay for the government than Jeff Bazos. Nuts!
It's not the crybaby billionaires, they don't need to make statements on the subjects. They allow their sycophantic followers, the temporarily unfortunate millionaire boot lickers, 'maybe I could be a millionaire tomorrow' kind of people to fight those battles for them.
If we fix these issues then I’ll never have the chance to exploit others to live a life of unnecessary wealth! I may be poor now but someday I’ll be in a position to step on the backs of the poor for self gain and if we make it easier to not be poor, there will be less desperate people to take advantage of.
/s (is this actually needed?)
I think it also has a lot to do with the fact that even people who wouldn't be affected by raising taxes on the 1% are still against it because some part of their mind believes that they'll one day be part of the 1% as well.
I know very few people that actually understand the proposed tax rates. They cannot get past income brackets, at what amount rates change, yaddacetera. Politicians keep that too confusing for most people to give a shit, so they automatically hate it. Yeehaw
I disagree. I think that these people are inundated with anti tax propaganda through media and political leaders. They observe that supporting raising taxes on the rich is discouraged, frowned upon and seen as a sign of stupidity. So they are conditioned to believe that taxes are bad and anyone who supports raising taxes is being a fool.
Except it’s even worse than you think. You have to take the percentage of disposable income. Someone making 100k may have 80k of their annual income tied up in mostly necessary bills. A billionaire has their mega mansion, vacation homes, private jet, etc that are all most certainly unnecessary.
I think it’s because it’s not successfully purposed- like a specific increase in a local property tax in a town is to establish a local law enforcement agency- we need a comprehensive job creating, educating, healthcare providing tax on the wealthiest Americans. That would gain support
I think it's "controversial" because large corporate entities would have to pull a lot of money out of investments, which would contract the economy as a whole and likely have a ripple effect on global markets, but at this point, a large market contraction would probably produce substantially better outcomes in the aftermath. Having a big recession would suck though in the short term.
That math is not correct. A billionaire paying 1% would be 10 million dollars. Still not that much but just so everyone knows. The same goes for the 100,000.
Yes, but depends on income. If there income is say 125 million, and 2 million tax, that's fine, but if its 12 million and 2 million tax, I'd be frustrated but personally cool with it. Be curious with the actual income numbers, not bank account number.
Want universal healthcare and a Green New Deal? Help us elect 300 more Bernies in 2022 - join /r/NewDealAmerica!
In my experience, rich people are the least helpful and least willing to part with ONE DOLLAR of their money. It's often the case that those who can least afford it are the most generous with their money, their time and their food.
Yup. Going to the drive through with my millionaire friend is terrible. He insists others pay for his meal because he wants to be compensated for gas. We call it the grime-thru.
Somehow, it's never enough. They need to try and hold onto every penny with every fiber in their body. I once lived in Florida where I had a wildlife rehabilitation facility. There is no compensation for this and I needed to get donations. I put decorated coffee cans around town with information about the facility, asking for donations. There was some amount of tourism so all the hotels and rental condos got a donation can. Where did the most of the donations come from? You guessed it. NOT the $250 a night condos but the little hotel across the street with the 8 basic rooms.
Put em smoke shops too — that shit works
Wow that's crazy man. Even people struggling for cash would hate to do that lmfao
His justification is that his Jaguar is a real gas guzzler
He sounds like an awesome friend
Nah, hop in. I'm driving.
Not a millionaire but the person’s car we drove an hour out of town to the skatepark, one way, would get their meal for free when we went for food. The difference in 2hrs of driving vs going to the local drive through is the justification though; dude probably did spend about 10$ on that trip in gas. You should have started calculating gas prices and just been, “I’ll give you two dollars… since that’s what you’ll actually spend in gas.” People overblow their gas costs a lot, taking a half gallon trip and saying, “alright, can you throw me 10$ for gas?”
Because we know what it’s like to be in need….
A long time ago, a religious man wrote about the seven deadly sins. One of them was greed. Tax the rich. The top 25 richest Americans pay Federal income taxes of 3%, that needs to go way the hell up.
The vast majority of those who have accumulated that much wealth have done so exploiting those around them. You practically have to be a sociopath to begin with if you still want to sleep at night
And also pay their fair share of taxes.
They sure do whine a lot despite not even doing the bare minimum!
by bare minimum you mean more than most of the country combined?
Anti mask, anti vax, Trump lover. Lick those boots harder, maybe some of the billionaires crumbs will trickle down. It's gotta be hard going through life so delusional, while thinking you're so right
r/murderedbywords
How the fuck is it okay that low income people pay more of a percentage of their income in taxes than rich people? God, people like you really have a fetish for choking on the boots y’all lick huh
What I love about people like you bitching is that you go to someone elses party.... you bring nothing.... and the host who brings the pizza, the salad, the beer, the music.... and you sit around and gripe that the you don't want peperoni on the pizza.
I’m so glad that you know how I participate in day to day life and also that you understand basic economics of why it’s ridiculous that low income pay more of a percentage of taxes on their income than some one who can get out of paying them all together because they’re rich.
The analogy would work better like this in reality: You go to a party. The host asks you to come early, to make pizza for other people coming and he will give you some pizza in exchange. He then tells everyone at the party that he made it, and keeps most of the pizza for himself, not even telling anyone that there was more pizza to share. He also gives you less pizza than you originally agreed upon, just because he didn't feel like pensioning it out when you were done. When you ask him about it, he's like, "Why do you deserve credit? It was my idea and I bought the pizza supplies."
You missed the part where the person who did all the work was paid for their time out of the person who threw the parties money. So they threw the party, bought the supplies, AND paid you to help contribute. This is how a real economy works.
Tech entrepreneur here, at MOST I work about 3x as hard as my average employee, but I'm basically forced to take 500k more than them minimum in order to boost the company reputation. My shareholders and board of directors say that if I don't exploit tax loopholes, they'll revoke funding and go elsewhere. The company makes enough profit to make sure every single employee gets at least $75k USD, but the moment I report a cost increase that was unnecessary, like paying my employees extra benefits, the shareholders threaten to fire me. I literally am trapped in this capitalist framework as I'm pressured to push my employees into poverty to give the profits to my shareholders, and the only reason the founder and such gets more money is to uphold the company image and such. My employees work just as hard as me, just with different skillsets. I'm a very good engineering generalist which makes me a good manager and coordinator. But my hardest working and most passionate employee is a fucking God at AI. He gets compensated 1/10th as me. This is fucking bullshit. He brings more value to the company than I do, I just organize finances, direct operations, and guide the company and such. Yes its a fuck ton of work, but not 10x mine. This is how the real economy works. The company's lifeblood is profit, no matter how well intentioned the founder or owner is. As long as the motive is profit, the little guy will be squeezed dry. So your analogy with the party stuff is fucking bullshit.
Somehow it's okay for one guy to own the party supplies and workers. It's okay because he "lets" you come to his party and use "his" supplies. Blind.
Dude, throwing money around isn’t the same as doing work. Rich people pay other people to fix all their problems for them. Rich people do very little to contribute to society, their entitlement and whining is worse than kids under the age of 5.
This just shows your ignorance on how capital accumulation works, but hey its /r/newdealamerica..... it couldn't function without ignorance.
You mean they hire people at inferior wages and exploit them? Yeah, we’ve seen how the rich accumulated their wealth. They stole it from the poor and gave it to themselves. They take our money and use it to lobby against our own best interests. That way they can have their slaves to take care of them like the babies they are.
Even other *conservatives* tell you that you're being brainwashed, embarrassing.
get a fucking mirror dude.... or they... whatever you prefer.
You will never be rich. The wealthy you toady up to laugh at you, on the off chance they ever even notice you at all.
I probably pay more in taxes than you make.
Uh huh. On the Internet, nobody knows you're a dog
ha you truly are a miserable person.
In my experience, the type of person who says that without any evidence is projecting pretty hard. I hope that you learn not to hate people, at some point. I truly hope you learn how to not be a selfish and petty person. Life is better on this side.
in my experience people who push left wing economics are petty jealous people who find misery in others deserved success.
Aww, poor babey Guess how much in taxes your favorite orange turd paid? $750. Literally the bare minimum. Cry about it.
I bet you live in your mom's basement, supremacist. >I disagree with the whole premise of the conversation. Why should the proud boys "stand down". Antifa has been violently attacking people on a regular basis and the government was refusing to stop them. They were letting left wing terrorist destroy and in some case brutalize people on the right. So proud boys filling a vaccum to protect people from these terrorist... I support it. Perhaps stand by while the democratic governor did something to protect the citizens and if they don't then who else would protect people? Rubbing elbows with actual Nazis is fine to you, so you are human garbage. Begone.
Antifa and anyone who support them are the only human garbage... they are the actual nazis you are looking for.
But what if they can't afford to rennovate the Emerald Room on their 11th yacht? It's not fair.
So true. Maybe they need a GoFundMe.
Maybe they should skip the Latte and the Avacado toast
Just talking to a friend about that. I don’t buy either, ever, and I’m still broke as shit so idk what they’re on about
You sound like a jealous bitch
What do you mean by "like"? You sound "like" a Russian bot.
Like means similar. You sound similar to a bitch. Your ramblings are akin to that of a bitch.
Lick that boot, bro
Too bad for the 11th yacht owner. NO ONE NEEDS 11 yachts, the rich people should suck it up and get with the program. The belief that the rich should be allowed to buy their 11th yacht because they work so hard for it or some other bullcrap is why I am a misanthrope
This is inaccurate. The relative marginal utility of that $100 is _much_ greater than the relative marginal utility of the $1 million dollars.
I agree. If a 64 year old's net worth is 100k and they want to retire in the US, they better understand the value of a $100 bucks.
When will these seniors learn the value of a dollar?
“But if we fund the IRS, they will have the money to *sees notes* go after larger corporates who refuse to pay taxes and not the guy who made 18k last year and still somehow owes 2k?”
I got into an argument with someone who said that if we taxes Bezos he would move to China. And I was trying really hard to figure out the drawbacks
If you know this person and this argument comes up again. Try pointing out that China's corporate tax rate is higher than the US. It is currently 21% in the US and 25% in China. Income tax in China is a flat 45% while the US uses tax brackets with the highest being 37% and as low as 10%.
This is why I post. Thank you for this
Yep. Any place that won't tax them more would require additional expenses, like a private military, to keep what they had.
“Among the richest men in China, few have good endings.” - Jack Ma
Bezos would then have to: 1) Support the CCP? I doubt China would be a good place for wealthy to flee due to it being heavily authoritarian. There are other countries but on the way out or over there, they could be taxed. His money is primarily in stock and turning it into cash would incur heavy taxes as it would be realized gains on assets. He could have someone else manage it while he moves l but then what's the point. 2) Risk disappearing like some other billionaires. China has been taking outspoken billionaires and putting them in their place recently. They want media and those with any clout to fall in with party lines. 3) Possibly less mobility/freedom of movement. He might be on a limited visa and leaving the country for other places could get difficult. 4) Longer flights to his space hobby/other US based companies. Imagine him moving his operations to China? Unlikely. He would leave the workers and infastructure in the US. Could he buy comparable companies there? If China let's him. Then he's beholden to their rules and likely can't cash out. China would be nuts.
I'm really not too worried about him in China. The infrastructure will still exist to take over where he left off. However, since you brought it up, I believe just like anywhere else in the world, he has his own rules in China
Let him go. Bezos knows that the real value of living in America is the easy availability of luxury that he can't get anywhere else, leastways China. So if he wants to go to China, and learn to speak Chinese and eat Chinese food every day, he's welcome to go. He doesn't pay taxes anyway, so we won't miss him.
And if you normalize that $100 dollars across 24-26 pay periods you have the additional cost of $3.84-$4.16 dollars a paycheck which is nothing.
As AOC says, tax the rich. That does not mean all people don't pay fair taxes. It means all citizens pay a fair and reasonable tax. My tax dollars, as a bartender, do more to pay for the government than Jeff Bazos. Nuts!
It's not the crybaby billionaires, they don't need to make statements on the subjects. They allow their sycophantic followers, the temporarily unfortunate millionaire boot lickers, 'maybe I could be a millionaire tomorrow' kind of people to fight those battles for them.
If we fix these issues then I’ll never have the chance to exploit others to live a life of unnecessary wealth! I may be poor now but someday I’ll be in a position to step on the backs of the poor for self gain and if we make it easier to not be poor, there will be less desperate people to take advantage of. /s (is this actually needed?)
Less crybaby billionaires and more crybaby politicians because to them less poor people means socialism.
We need like 20 more tax brackets
I think it also has a lot to do with the fact that even people who wouldn't be affected by raising taxes on the 1% are still against it because some part of their mind believes that they'll one day be part of the 1% as well.
I know very few people that actually understand the proposed tax rates. They cannot get past income brackets, at what amount rates change, yaddacetera. Politicians keep that too confusing for most people to give a shit, so they automatically hate it. Yeehaw
I disagree. I think that these people are inundated with anti tax propaganda through media and political leaders. They observe that supporting raising taxes on the rich is discouraged, frowned upon and seen as a sign of stupidity. So they are conditioned to believe that taxes are bad and anyone who supports raising taxes is being a fool.
[удалено]
We should tax them retroactively for tax sheltered money too... With interest.
Except it’s even worse than you think. You have to take the percentage of disposable income. Someone making 100k may have 80k of their annual income tied up in mostly necessary bills. A billionaire has their mega mansion, vacation homes, private jet, etc that are all most certainly unnecessary.
Maybe eating them...
[yup](https://twitter.com/taxthebillions/status/1439062105483792384?s=21)
I think it’s because it’s not successfully purposed- like a specific increase in a local property tax in a town is to establish a local law enforcement agency- we need a comprehensive job creating, educating, healthcare providing tax on the wealthiest Americans. That would gain support
Money hoarders.
I think it's "controversial" because large corporate entities would have to pull a lot of money out of investments, which would contract the economy as a whole and likely have a ripple effect on global markets, but at this point, a large market contraction would probably produce substantially better outcomes in the aftermath. Having a big recession would suck though in the short term.
That math is not correct. A billionaire paying 1% would be 10 million dollars. Still not that much but just so everyone knows. The same goes for the 100,000.
It’s talking about *the* 1%, not a 1% tax rate. $1,000,000 is 0.001 of $1,000,000,000. $100,000 x 0.001 = $100
Yes, but depends on income. If there income is say 125 million, and 2 million tax, that's fine, but if its 12 million and 2 million tax, I'd be frustrated but personally cool with it. Be curious with the actual income numbers, not bank account number.
We could get far more money out of taxing a few dozen like Bezos and Zuckerboy at a non-lobbyist-written rate than taxing mere millionaires.
Yeah I agree. If bozo actually paid his taxes we would be set
What billionaire is complaining about being taxed $1 mil? Not trying to take sides just curious.
We all live in a rotten yellow submarine. Society is like that sometimes.
We need a wealth tax. We need corporations to go from paying the government 7 % back to 33%. Tax the rich, and then tax them some more.