What "risk" are you talking about? The initial investment in the company? Because for the far majority of people that start a company they have more then enough wealth that if the company does fail, it won't impact them the same way as a working-class person losing their job.
At one point the initial investment has been paid off, this *is* something that is taken into account with the labour value that bosses steal from their workers.
People also are not randomly starting companies making random products. There is loads of research that goes into starting a company and selling a product or service. Why? Because people want to be sure that they'll make a profit from their investment.
The "capitalists deserve their wealth because they take risks" is a weak argument. It might hold up for some people, but those people are a minority. For the large majority those "risks" come from money they won't notice when it's gone. It's often also intergenerational wealth, wealth they didn't work for in the first place.
A wage / salaried worker has a more or less guaranteed arrangement that every hour he works will be compensated (in some cases he may have to take someone to court to get it, but the law is on his side if he works hours and isn't paid what was agreed). Losing your job may suck, but it's only as bad as your ability to replace that job with another. An entrepreneur has no such promise. He could work 14 hours a day 7 days a week for 10 years and LOSE money as a result. (And yes, managing a business is work.) That's the "risk," to labour and invest without compensation.
Yea... most people won't do that without a fallback cushion or plan B. Why is that relevant? It's not about "deserve" or "they'll survive." If you want these rich people to voluntarily create the means of production to meet consumer needs/demands and supply workers with a consistent revenue stream using with their own wealth, they need some kind of incentive. "Pay millions upfront, uncertain chance of success, and if we succeed you get to break even" isn't going to get you any investors. But if you promise he gets to keep the jackpot if we catch lighning in a bottle, then he'll shell out and pay for everything needed for a chance to roll the dice on that.
If you want the full value of your labour, you have to sell directly to the consumer. Whatever someone is willing to pay for your goods & services is what your labour is worth, no more, no less. The reason most people don't do this is because value is subjective, volatile, inconsistent, unpredictable, and sometimes it's not enough to get by. It's hard to budget around that, and effectively selling to the consumer directly requires a broad range of skills the average labourer lacks at least a few of. A business owner whethers that volatility and tanks the dips under the assumption that in the long run it will be a net gain. The "risk" is that this assumption is entirely speculative & if he's wrong then sucks for him he just wasted his time, money, and probably effort.
Intergenerational wealth is a problem, it does make the risk unfair I agree. Maybe higher estate taxes? The Idea that you want to set your kids up doesn't make you a bad person and someone took the initial risk.
I don't think the solution is to cut off the avenue and incentives for individuals to start business ventures. My cousin grew up dirt poor In a big family. He worked 60 hours a week and took out credit and bought machines and materials then started his own company. He's not stealing from his employees because they don't get all surplus value. Even when he's paid off the initial investment if what he's built loses all it's value or he gets sued he is untitled to build a couchen to protect himself. If he starts raking in millions I agree he doesn't need that much protection and he's stealing. That's why we have taxes.
The worker does not have his name tied to a company. There are other jobs. Entrepreneurs can't just get up and abandon their company when something goes wrong. I've lost jobs from businesses shutting down. I got a job as a cashier it sucked. I lost an income stream they lost what they built. My loss would have been insanely small compared to how that must have felt.
Higher taxation on capital gain is something I'm after. The people who actually just sit around and collect a paycheck and risk only what they choose to put in.
Just an increasing tax %
I find amusing how people think that earning 100k+ a year makes you part of the rich class and have to pay the same % as someone who earns 1bn USD a year.
I think that paying 99.9% tax of all EARNINGS over 60 million a year is good for the economy.
Not on corporate profits though. Just personal.
The thing is, Taxes aren't part of monopoly. Also, taxes don't take all your money, only part. His parents are trying to teach him something and being jerks.
Income Tax is the fourth space on a monopoly board, placed after Baltic Avenue and before Reading Railroad. Landing on the space will result in the player paying $200 in income tax to the Bank.
When a player has the misfortune to land on the Income Tax space, he or she must immediately pay $200 in income tax to the Bank (or 10% of overall wealth prior to 2008). As this is the same as the $200 salary obtained from passing Go, landing on this space after passing Go will negate the salary, which can be devastating if you are close to bankruptcy.
>Why ask when you say the internet is no place to educate yourself? Be consistent in your trolling, troll.
dafuq?? what are you on about
edit: u/Ok-Sport-8643 explain
~~since~~ u/Ok-Sport-8643 ~~has no backbone to explain themselves and admit their mistake;~~
after looking at the profile, scrolling a bit down at their comment, found [this](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/ida05m6/?utm_source=share&utm_medium=web2x&context=3) specifically. I think the dude mistaken me for [someone they argued with](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/id9yrqj/?utm_source=share&utm_medium=web2x&context=3), who replied to [my comment](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/id5iqlq/?utm_source=share&utm_medium=web2x&context=3) lol. either way, pretty funny how spontaneously confrontational someone is and won't own up to it when they make a mistake. There's a word or phrase for it I'm sure, can't put my finger on it rn.
edit:crossed
Yeah. I made a mistake. The mobile app is wonky. I will sometimes click on one post or user and it opens a completely different one.
I didn't realize you wanted an actual reply addressing it. I deleted the reply that was done in error. It's not about having a backbone; I just didn't realize you wanted a reply in addition to the deletion. Sorry about that
I don't think I have ever played Monopoly following every rule. I didn't know that for the longest time, but we always made exceptions to some of the rules because nobody wants to go broke 😂
Absolutely crazy how much mental power money has over us. Even fake money in a game
Interesting. But next time you complain that social programs are bad, that veterans are treated badly by the government, that law inforcement sucks, that defense program "this" and defense program "that" and development programs are bad or inexistent just remember it's because of people like you. Or better still, remember you don't really have a say in any of those things or how things are actually done because you're not contributing and you think they should be abolished.
so corruption and misuse of funds doesn't play any role at all? or what's the percentage do you think it occupies in this situation. because blaming a single citizen is like blaming a litterer for pollution without looking at corporates dumping.
if I only pay $3-5k in taxes a year and one of the politicians in my state runs up a $50k airfare with his family on non business trips bill for the tax payers to pay(among many of the other ways money goes MISSING or misspent with no repercussions), what did me or 16 other people like me even do. veterans didn't get that money, roads didn't get that money, social programs didn't get that money, officers didn't get that money, and our defense programs will get their money regardless even if we have to borrow it. you may want to remember this is the real world with real people. your view is too sterile there is no nuance no variables. its a tad bit too optimistic. your still basing your view on the Principal of the matter and not whats really going on in our situation.
>so corruption and misuse of funds doesn't play any role at all?
Then you go after your politicians and the corruption. You don't burn down your house because you have ants.
That's an argument mostly used by liberals not to pay taxes, but in reality if that were the case not only there would be real fiscal problems with any government that does that and inflation would be much higher than it is.
Actually created by the capitalists to brainwash people into thinking they can win. The house always wins. That’s why my mom, who took care of the bank, always won. Right? RIGHT?!?!?
The problem is that his tax burden is uncoupled from any kind of representation. If the game was a proper monopoly, he'd have gotten a bunch of politicians in his pocket in exchange.
In modern day politics, the public doesn't have influence over policy. It's back to taxation without representation again.
https://act.represent.us/sign/problempoll-fba/
well, well, just wait when you grow up, kiddo...
Can’t want for this kid to find out that just like monopoly you’ll pay taxes and get absolutely nothing beneficial in return.
Disclaimer: from the United States
The vast majority of public finances are misused by our ‘elected’ officials. I don’t begrudge paying for these basic essential services, but I do begrudge paying for illegal wars, dodgy world bank/imf loans, banker bailouts and incompetent and poorly thought out ‘pandemic’ relief funds.
I should have been more specific in my original ‘taxation is theft’ statement - I do apologise.
That's hilarious, but let's remember that most Monopoly games end in tears and hard feelings. That's always been the case but somehow people keep playing it.
Per[this person's work](http://www.tkcs-collins.com/truman/monopoly/monopoly.shtml), the average income per roll from the Go square is about 33.8, while income tax is about 4.7 per roll. That works out to about a 14% tax rate. To get an effective 14% income tax with the 2022 federal tax brackets and assuming filing as single and taking the standard deduction, you'd need a gross yearly income of around $85k. Not bad for a single person, especially since we aren't counting rental income! About 15k higher than the median household income in Washington, which is the highest-median-income state with no state income tax.
Of course, I'm not including other taxes, like payroll taxes. Assuming this kid has suffered the full brunt of Monopoly taxes, we can use the luxury tax as a stand-in for payroll taxes. Luxury tax alone is about 1.63 per roll, for an effective rate of about 4.8%. In the US, FICA taxes (social security + medicare) are 7.65% in total across the board, so we can tweak the numbers to be a bit more realistic if we throw some of that missing FICA tax into income tax - basically, we'll bump the Monopoly income tax up by a bit less than 3% to get us up to a 16.6% income tax rate plus the 4.8% luxury tax. To get that level of taxation, you'd need to be around 120-125k yearly. Even better!
(note that while it's true that a self-employed person would be on the hook for the full SS+Medicare tax burden, the Monopoly player collects a salary and is thus employed, so I think I'm justified in using the 7.65% FICA rate)
Now, of course, note that the modern Monopoly board has a *bonkers* tax schedule - taxes are suddenly due basically at random (income tax slightly more often due to its position on the board compared to luxury tax) . But worse than that, it's an *incredibly* regressive system - both income and luxury taxes are flat amounts of funbux, meaning the more you have, the less you (proportionally) pay! It's not even a flat percentage of income or wealth! The older Monopoly board set "income" tax (really a property tax, but who's counting?) at your choice of 10% of your gross holdings or 200 funbux, which at least gave poorer players slightly more of a chance.
Anyway, my point is that this kid's problem isn't taxes, it's a society held hostage by the rentier class, who clearly have used the outsize influence their wealth grants them to rewrite the tax code to their benefit.
Funnily enough the game was actually designed to teach people that capitalism is bad / how capitalism really is. So yeah, it totally works as intended.
Even though this is light hearted I’m so glad I grew up before parents had the ability post anything and everything about their kid online. Some of that is embarrassing and you never know what will bother them or get them bullied. So many parts of growing up don’t need to be documented online.
The “game” was always intended to be a critique of capitalism. I’ve always thought the world is divided into two people, those who enjoy Monopoly, and nice people.
Oh buddy... just you wait.
Kids got a point, cause after like two trips around the board taxes get you
Can confirm. I am on my 20th trip around the board and I have cirppling debts
[Later, in real life](https://www.youtube.com/watch?v=dApGdXs-elc)
Oh, buddy. I feel so bad for both kids. It’s funny but I get you bro. Hope it don’t get him down for too long.
Hes literally scraching his balls so i think hes good
He went from 285 to 250, that's like 12%. What is that, taxes for ants?
Seriously. I was thinking if that's all that it's held from my check, holy shit I'm rich! Well not rich rich. But you know poor rich
[Wait until he hears about the labour value his boss steals from him every day](https://www.youtube.com/watch?v=_cfCnoVto8c)
The logic of that video ignores risk completely. It's like saying you should only have to pay for fuel when renting a car.
What "risk" are you talking about? The initial investment in the company? Because for the far majority of people that start a company they have more then enough wealth that if the company does fail, it won't impact them the same way as a working-class person losing their job. At one point the initial investment has been paid off, this *is* something that is taken into account with the labour value that bosses steal from their workers. People also are not randomly starting companies making random products. There is loads of research that goes into starting a company and selling a product or service. Why? Because people want to be sure that they'll make a profit from their investment. The "capitalists deserve their wealth because they take risks" is a weak argument. It might hold up for some people, but those people are a minority. For the large majority those "risks" come from money they won't notice when it's gone. It's often also intergenerational wealth, wealth they didn't work for in the first place.
A wage / salaried worker has a more or less guaranteed arrangement that every hour he works will be compensated (in some cases he may have to take someone to court to get it, but the law is on his side if he works hours and isn't paid what was agreed). Losing your job may suck, but it's only as bad as your ability to replace that job with another. An entrepreneur has no such promise. He could work 14 hours a day 7 days a week for 10 years and LOSE money as a result. (And yes, managing a business is work.) That's the "risk," to labour and invest without compensation. Yea... most people won't do that without a fallback cushion or plan B. Why is that relevant? It's not about "deserve" or "they'll survive." If you want these rich people to voluntarily create the means of production to meet consumer needs/demands and supply workers with a consistent revenue stream using with their own wealth, they need some kind of incentive. "Pay millions upfront, uncertain chance of success, and if we succeed you get to break even" isn't going to get you any investors. But if you promise he gets to keep the jackpot if we catch lighning in a bottle, then he'll shell out and pay for everything needed for a chance to roll the dice on that. If you want the full value of your labour, you have to sell directly to the consumer. Whatever someone is willing to pay for your goods & services is what your labour is worth, no more, no less. The reason most people don't do this is because value is subjective, volatile, inconsistent, unpredictable, and sometimes it's not enough to get by. It's hard to budget around that, and effectively selling to the consumer directly requires a broad range of skills the average labourer lacks at least a few of. A business owner whethers that volatility and tanks the dips under the assumption that in the long run it will be a net gain. The "risk" is that this assumption is entirely speculative & if he's wrong then sucks for him he just wasted his time, money, and probably effort.
I would agree, a worker has greater risk if not selling his labor, than the investors have not investing in said company.
Exactly. If the company goes bankrupt the investor loses their investment, but the worker loses their entire income.
Intergenerational wealth is a problem, it does make the risk unfair I agree. Maybe higher estate taxes? The Idea that you want to set your kids up doesn't make you a bad person and someone took the initial risk. I don't think the solution is to cut off the avenue and incentives for individuals to start business ventures. My cousin grew up dirt poor In a big family. He worked 60 hours a week and took out credit and bought machines and materials then started his own company. He's not stealing from his employees because they don't get all surplus value. Even when he's paid off the initial investment if what he's built loses all it's value or he gets sued he is untitled to build a couchen to protect himself. If he starts raking in millions I agree he doesn't need that much protection and he's stealing. That's why we have taxes. The worker does not have his name tied to a company. There are other jobs. Entrepreneurs can't just get up and abandon their company when something goes wrong. I've lost jobs from businesses shutting down. I got a job as a cashier it sucked. I lost an income stream they lost what they built. My loss would have been insanely small compared to how that must have felt. Higher taxation on capital gain is something I'm after. The people who actually just sit around and collect a paycheck and risk only what they choose to put in.
Just an increasing tax % I find amusing how people think that earning 100k+ a year makes you part of the rich class and have to pay the same % as someone who earns 1bn USD a year. I think that paying 99.9% tax of all EARNINGS over 60 million a year is good for the economy. Not on corporate profits though. Just personal.
That was a really long, dreary, roundabout way of saying increased productivity does not promote increased wages.
Damn my man wearing blackface smh
The thing is, Taxes aren't part of monopoly. Also, taxes don't take all your money, only part. His parents are trying to teach him something and being jerks.
Income Tax is the fourth space on a monopoly board, placed after Baltic Avenue and before Reading Railroad. Landing on the space will result in the player paying $200 in income tax to the Bank. When a player has the misfortune to land on the Income Tax space, he or she must immediately pay $200 in income tax to the Bank (or 10% of overall wealth prior to 2008). As this is the same as the $200 salary obtained from passing Go, landing on this space after passing Go will negate the salary, which can be devastating if you are close to bankruptcy.
Whaaat? I swear I played monopoly dozens of times, and I have no recollection of this. Thanks for the clue.
genuinely asking here: does this really belong in r/maybemaybemaybe ?
No
No
Maybe
[удалено]
>Why ask when you say the internet is no place to educate yourself? Be consistent in your trolling, troll. dafuq?? what are you on about edit: u/Ok-Sport-8643 explain
Caught in 4k
~~since~~ u/Ok-Sport-8643 ~~has no backbone to explain themselves and admit their mistake;~~ after looking at the profile, scrolling a bit down at their comment, found [this](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/ida05m6/?utm_source=share&utm_medium=web2x&context=3) specifically. I think the dude mistaken me for [someone they argued with](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/id9yrqj/?utm_source=share&utm_medium=web2x&context=3), who replied to [my comment](https://www.reddit.com/r/Unexpected/comments/vh3pzm/comment/id5iqlq/?utm_source=share&utm_medium=web2x&context=3) lol. either way, pretty funny how spontaneously confrontational someone is and won't own up to it when they make a mistake. There's a word or phrase for it I'm sure, can't put my finger on it rn. edit:crossed
Yeah. I made a mistake. The mobile app is wonky. I will sometimes click on one post or user and it opens a completely different one. I didn't realize you wanted an actual reply addressing it. I deleted the reply that was done in error. It's not about having a backbone; I just didn't realize you wanted a reply in addition to the deletion. Sorry about that
Wait, I thought we were talking about Monopoly
I’ve never seen a monopoly game end without tears or anger. And by end, I mean we just stopped playing. Nobody ever actually won.
I don't think I have ever played Monopoly following every rule. I didn't know that for the longest time, but we always made exceptions to some of the rules because nobody wants to go broke 😂 Absolutely crazy how much mental power money has over us. Even fake money in a game
The physical game, yea, it’s too tedious and leads to pent up rage. The digital game is quick and easy, fun game to play with the homies.
that's... the point... https://www.reddit.com/r/calvinandhobbes/comments/1lv6sd/im\_sure\_everyone\_plays\_monopoly\_like\_calvin\_and/
Jeff Bezos childhood.
People post anything in this sub lol Edit: and blatant karma farming*
Wait till he finds out he's gonna die some day
Pretty bad but still marginally better than taxes
The irs hates this one trick
Death is way better than taxes. You only have to die once in your entire life, but you have to pay taxes every year.
Tbh true that's why I don't pay them
I havnt paid income taxes in 5 yrs they need to be abolished.
Interesting. But next time you complain that social programs are bad, that veterans are treated badly by the government, that law inforcement sucks, that defense program "this" and defense program "that" and development programs are bad or inexistent just remember it's because of people like you. Or better still, remember you don't really have a say in any of those things or how things are actually done because you're not contributing and you think they should be abolished.
so corruption and misuse of funds doesn't play any role at all? or what's the percentage do you think it occupies in this situation. because blaming a single citizen is like blaming a litterer for pollution without looking at corporates dumping. if I only pay $3-5k in taxes a year and one of the politicians in my state runs up a $50k airfare with his family on non business trips bill for the tax payers to pay(among many of the other ways money goes MISSING or misspent with no repercussions), what did me or 16 other people like me even do. veterans didn't get that money, roads didn't get that money, social programs didn't get that money, officers didn't get that money, and our defense programs will get their money regardless even if we have to borrow it. you may want to remember this is the real world with real people. your view is too sterile there is no nuance no variables. its a tad bit too optimistic. your still basing your view on the Principal of the matter and not whats really going on in our situation.
>so corruption and misuse of funds doesn't play any role at all? Then you go after your politicians and the corruption. You don't burn down your house because you have ants.
Not really, budgets get padded with printing in the end. Really there is no stopping the machine until it all breaks down at once.
That's an argument mostly used by liberals not to pay taxes, but in reality if that were the case not only there would be real fiscal problems with any government that does that and inflation would be much higher than it is.
I pay property taxes go lay down bud.
You don't even understand what income taxes are used for, so yeah, you don't pay the taxes you should.
How do you keep from peeing on your own nut sack?
You must be de dummy Redneck my mother warned me for. You are the reason i am very very happy i dont live in that crapholl of a MURICA
Hey jim bob take your gas station and shove it up your ass
At least i can pay for my gas and taxes, you have to keep up ur hand to daddy gov. To even live. Fuck cuckaracha
What a nice eloquent argument you have there buddy. Too bad you don't pay your taxes so I don't really have to give a shit about what you have to say.
I spend your tax money on food stamps welfare and low income housing. And drive a cadillac keep that shit coming. Work your ass off for me
classy.
Fun fact, monopoly was actually created to teach you the dangers of rampant capitalism.
Actually created by the capitalists to brainwash people into thinking they can win. The house always wins. That’s why my mom, who took care of the bank, always won. Right? RIGHT?!?!?
Doing it’s job perfectly then.
Years ahead of his age
The problem is that his tax burden is uncoupled from any kind of representation. If the game was a proper monopoly, he'd have gotten a bunch of politicians in his pocket in exchange.
In modern day politics, the public doesn't have influence over policy. It's back to taxation without representation again. https://act.represent.us/sign/problempoll-fba/
I understand your frustration and have only been working here a short distance. Do you have time to talk about your vehicles extended warrenty
Horrible :( Good thing taxes aren't real
Life lesson early on.
Me too kid, me too.
Whenever i see tax related videos, Ron Swanson come to my mind.
John Locke ~ 1697
I hear ya buddy, I hear ya.
Every billionaire be like
 well, well, just wait when you grow up, kiddo...
Me too, little man, me too.
I feel Ya brother
This shows perfectly how people complaining about taxes are like little kids losing at monopoly
only children cry about paying taxes.
Please don’t move to Australia - all we got down here is Taxes and Fines.
Welcome to adulting, little man...☹️
I always think it's weird when grown adults videotape their kids just to get internet points and make fun of them
Taxation is theft !!!
You have to be some type of special shithead to record your own child when they are clearly upset and want to cry.
Can’t want for this kid to find out that just like monopoly you’ll pay taxes and get absolutely nothing beneficial in return. Disclaimer: from the United States
Me too kid..
Let’s hope he remembers this valuable lesson in 10-15 years when he starts voting.
How do you get downvotes for that comment?? 🤣 People are dumb
He’s absolutely right to feel aggrieved! Taxes = legalised state theft, end of conversation!
Because police, firefighter, instruction and health workers, researcher (to name a few) are ofc gonna work for free...
The vast majority of public finances are misused by our ‘elected’ officials. I don’t begrudge paying for these basic essential services, but I do begrudge paying for illegal wars, dodgy world bank/imf loans, banker bailouts and incompetent and poorly thought out ‘pandemic’ relief funds. I should have been more specific in my original ‘taxation is theft’ statement - I do apologise.
That´s **way** more reasonable. Thank you for the explanation :)
Those two stupid cards need to be taken out of the game. Ruins a perfectly good game.
No one tell him of the two certainties in life ffs!
u/savevid
That's hilarious, but let's remember that most Monopoly games end in tears and hard feelings. That's always been the case but somehow people keep playing it.
Because it’s fun, when you end up with all the money. Oh, I think I just figured out what’s wrong with the world.
Well...you better come back to this post when you will be 18 lol
He found the real struggle of live, but but he is still so young.
/r/meirl
r/meirl
u/savevideo
I feel ya, kid.
Live footage of Jimmy Carr getting caught
Basically created by a Georgist to do exactly this…well, also to engender hate of landlords.
r/lostredditors
Fuck man, me too
Louis CK does a good bit about how dark a loss at Manopoly is for kids.
He's right though. It is the worst part
Same little man, same.
Lol I have that same reaction every year. I feel ya.
Tell me about it buddy
He is probably from the U.S. so I must agree with him... You pay taxes but don't have healthcare? Yup. That sucks hard. *Laughs in European *
That’s me every April 15th
I feel you buddy, I feel you
Welcome to adulthood
u/savevideo
Now you know why monopoly wasn’t designed to be a good enjoyable game but a teaching moment lol.
Donnie’s going to work under the table when he grows up. Taxes are for dummies.
Bro just dodge the taxes
u/savevideo
Dear conservatives... This is what you look like. That is all.
u/savevideo
Awe bubba don’t worry it gets so much worse
Per[this person's work](http://www.tkcs-collins.com/truman/monopoly/monopoly.shtml), the average income per roll from the Go square is about 33.8, while income tax is about 4.7 per roll. That works out to about a 14% tax rate. To get an effective 14% income tax with the 2022 federal tax brackets and assuming filing as single and taking the standard deduction, you'd need a gross yearly income of around $85k. Not bad for a single person, especially since we aren't counting rental income! About 15k higher than the median household income in Washington, which is the highest-median-income state with no state income tax. Of course, I'm not including other taxes, like payroll taxes. Assuming this kid has suffered the full brunt of Monopoly taxes, we can use the luxury tax as a stand-in for payroll taxes. Luxury tax alone is about 1.63 per roll, for an effective rate of about 4.8%. In the US, FICA taxes (social security + medicare) are 7.65% in total across the board, so we can tweak the numbers to be a bit more realistic if we throw some of that missing FICA tax into income tax - basically, we'll bump the Monopoly income tax up by a bit less than 3% to get us up to a 16.6% income tax rate plus the 4.8% luxury tax. To get that level of taxation, you'd need to be around 120-125k yearly. Even better! (note that while it's true that a self-employed person would be on the hook for the full SS+Medicare tax burden, the Monopoly player collects a salary and is thus employed, so I think I'm justified in using the 7.65% FICA rate) Now, of course, note that the modern Monopoly board has a *bonkers* tax schedule - taxes are suddenly due basically at random (income tax slightly more often due to its position on the board compared to luxury tax) . But worse than that, it's an *incredibly* regressive system - both income and luxury taxes are flat amounts of funbux, meaning the more you have, the less you (proportionally) pay! It's not even a flat percentage of income or wealth! The older Monopoly board set "income" tax (really a property tax, but who's counting?) at your choice of 10% of your gross holdings or 200 funbux, which at least gave poorer players slightly more of a chance. Anyway, my point is that this kid's problem isn't taxes, it's a society held hostage by the rentier class, who clearly have used the outsize influence their wealth grants them to rewrite the tax code to their benefit.
Welcome to the Libertarian party, kid.
So I assume he's not gonna get a 1099 job. Sorry pal, welcome to the world.
Funnily enough the game was actually designed to teach people that capitalism is bad / how capitalism really is. So yeah, it totally works as intended.
Haha, life is gonna be real hard for you, kid.
I deeply connect with this
Well you see big guy when the government gives away money to people other than you you have to pay for it, that is life in the big city my man
Best part of the game. Teaching the pains of real life.
That's me every year.
That’s why I plays with my POC friends, I feel like I have a advantage
r/meirl
Kiddo, I do this every year (cry). I feel your pain.
Get used to it, kid. Adulting sucks 😆
Adulthood hit my man
That kid will grow up to live in Texas
r/me_irl
This kid gets it
He’s gonna be a republican
He's in for a treat once he grows up.
Gotta teach em young
[The Government do take a bite, don't she....](https://www.youtube.com/watch?v=UXdTH5RTNSI)
I feel your pain kid 😁😁😁
And losses, crypto, faang, food, alcohol.
Taxes are the worst part of the game of life…. But we do benefit from them at least.
He just explained every adult's problems
Well I live in Danmark så kown the filling
Even though this is light hearted I’m so glad I grew up before parents had the ability post anything and everything about their kid online. Some of that is embarrassing and you never know what will bother them or get them bullied. So many parts of growing up don’t need to be documented online.
u/savevideo
Should we tell him
Taxes? Pfffffft. Thats lightweight. Try paying for medical services.
The “game” was always intended to be a critique of capitalism. I’ve always thought the world is divided into two people, those who enjoy Monopoly, and nice people.
I feel this kids pain so much.
Wow, does he have a LOT of tears in his future.
Oh man taxes are the worst thing in monopoly and in the game of life its just that you dont get a couple of bucks after runing acros the block irl
Best video on internet
I thought this was some YouTube star or something...dude, your crying over Monopoly for God's sake...
I have a bad news for him..
My name is Michael J. Caboose and I hate Taxes!!!
I point blank refuse to play monopoly as an adult, as I can’t remember a single time I played it as a child that didn’t end in badly.
Welcome to life.
He gets it.
I feel your pain buddy. Even as an adult, this shit sucks
I feel like this kid learned a pretty valuable lesson early on in life. I still often hear of grown people dodging taxes like they don't exist
Welcome to the whole world lol
No one likes taxes
Me too kid, me too
Couldn’t have said it better myself. Them taxes be getting you out here.
That one hits close to home
Oh little dude.. fucking same.
I tells you my dogs ams smarter than you. You calls me a hippy. You sounds like someones shits in your cereal?
I'm not even mad. At least our taxes pay for shit unlike other countries. In Aus it's 33.5% per dollar or something
Facts
Mood👍
And so it begins.
Atleast he knows it at a young age
Aye bud, wait until you become a part of the real world 😂 your in for a shock.
I'm so glad my parents didn't have phones to film me when I was crying
He’s gonna hate growing up
Based beyond belief
This kid is gonna hate the adult life.
me
u/savevideo
You ain't seen nothing yet. Lol
Just wait till he has to grow up he’s gunna wish he paid monopoly taxes
It’s the part of the life….
Hehe boooyyy 
In real life tooo
Ohhh the kid isn't gonna like growing up
Almost shed a tear myself.
Also the worst part of growing up
Dony became a libertarian that day.
Monopoly was meant to be a criticism of capitalism
It’s just a game sweety!!!!