75% of Millionaires and Billionaires support higher taxes on the wealthy

[Bill Gates]

Nearly three quarters of millionaires polled in G20 countries support higher taxes on wealth, over half think extreme wealth is a “threat to democracy” (https://www.oxfam.org/en/press-releases/nearly-three-quarters-millionaires-polled-g20-countries-support-higher-taxes-wealth#:~:text=A%20staggering%20new%20poll%20has,E conomic%20Forum%20in%20Davos%2C%20Switzerland.)


Polling comes as 260 millionaires and billionaires sign new letter, directed at political leaders attending the World Economic Forum in Davos, saying they would be “Proud To Pay More” in taxes.

A staggering new poll has revealed that support for higher taxes on wealth is popular with dollar millionaires from across G20 countries. It comes as 260 millionaires and billionaires have signed a new letter demanding world leaders increase their taxes, to coincide with the World Economic Forum in Davos, Switzerland. The polling is part of the “Proud to Pay More” report, published alongside the letter, which profiles some of the world’s wealthiest people on why they support higher taxes on themselves.

The survey, conducted by Survation on behalf of Patriotic Millionaires, polled over 2,300 respondents from G20 countries who hold more than $1 million in investable assets, excluding their homes —making them the richest five percent and higher. Key findings include:

74 percent support higher taxes on wealth to help address the cost of living crisis and improve public services.
75 percent support the introduction of a 2 percent wealth tax on billionaires, as proposed by the EU Tax Observatory in October 2023.
58 percent support the introduction of a 2 percent wealth tax for people with more than $10 million.
72 percent think that extreme wealth helps buy political influence.
54 percent think that extreme wealth is a threat to democracy.


The polling also found:

70 percent think the economy would be stronger if we increased taxes on extreme wealth to invest in public services and national infrastructure.
66 percent of people with $1 million or more would support higher taxes on themselves if they were used to invest in public services and stronger national infrastructure.
57 percent believe that extreme wealth prevents others from improving their living standards and hinders social mobility.
53 percent think that extreme wealth exacerbates climate change.

[warriorfan]

It’s very easy to check a box in a poll :lol :roll:

We will see when the time comes (I’m not holding my breath) if they are so eager to walk the walk


Also…what’s stopping them right now? At that conference how much money do you think was in the room? If they really thought they all need to be taxed more couldn’t they form a fund to donate or run their own programs? Hopefully more efficient than federal programs as well.

[Jasper]

It’s very easy to check a box in a poll :lol :roll:

We will see when the time comes (I’m not holding my breath) if they are so eager to walk the walk


Also…what’s stopping them right now? At that conference how much money do you think was in the room? If they really thought they all need to be taxed more couldn’t they form a fund to donate or run their own programs? Hopefully more efficient than federal programs as well.
these guys are not the 65% high school grad's Trumps base.

[TeflonDonTrump]

Where did you get this info from? The same place that told you you can run for the presidency more than 2 times

[Baller234]

Lmao, a bunch of left wing millionaires and billionaires say that extreme wealth is a threat to democracy but not one of them are in a rush to sign over their fortune.

Very high IQ thread we have here. Great job OP.

[rawimpact]

I always tell polls the opposite of my actual feelings.

I am in 100% agreement in everything Biden has done. I believe there are infinite number of genders that can simultaneously identify as anything.

I believe the world is better with Biden in charge despite the wars and deaths going on.

I am voting for Biden and hopefully a more colorful and tranny VP.

[TeflonDonTrump]

Lmao, a bunch of left wing millionaires and billionaires say that extreme wealth is a threat to democracy but not one of them are in a rush to sign over their fortune.

Very high IQ thread we have here. Great job OP.

We did a poll...so it must be accurate.

*waiting patiently seeing which millionaire writing checks to the IRS voluntarily

[Norcaliblunt]

If 75 percent of millionaires and billionaires set up their own non profit restaurants, social media sites, hardware stores, gas stations, grocery outlets etc., etc we wouldn’t need taxes and governments.

[Baller234]

If 75 percent of millionaires and billionaires set up their own non profit restaurants, social media sites, hardware stores, gas stations, grocery outlets etc., etc we wouldn’t need taxes and governments.

How does a restaurant or store sustain itself if it isn't profitable?

https://media4.giphy.com/media/J2DYCDA15pTau86IGr/giphy.gif?cid=6c09b952pc0efdteb4mv99m1xpjmr9uq88gy qgobkw13rv3v&ep=v1_gifs_search&rid=giphy.gif&ct=g

[Norcaliblunt]

How does a restaurant or store sustain itself if it isn't profitable?

https://media4.giphy.com/media/J2DYCDA15pTau86IGr/giphy.gif?cid=6c09b952pc0efdteb4mv99m1xpjmr9uq88gy qgobkw13rv3v&ep=v1_gifs_search&rid=giphy.gif&ct=g


So Alcoholics Anonymous isn’t a thing?

Wikipedia?

Costco hotdogs?

Plenty of examples of institutions running on voluntary donations, taking loses, or just breaking even.

[Baller234]

So Alcoholics Anonymous isn’t a thing?

Wikipedia?

Costco hotdogs?

Plenty of examples of institutions running on voluntary donations or just breaking even.

And what happens when the cost of operations outpaces these "voluntary donations"? How do you know there's always going to be a surplus?

What happens when you fall behind?

[TeflonDonTrump]

And what happens when the cost of operations outpaces these "voluntary donations"? How do you know there's always going to be a surplus?

What happens when you fall behind?

Poor guy didnt think it through

He doesnt realize the billionaires and millionaires dont have cash laying around

[Norcaliblunt]

And what happens when the cost of operations outpaces these "voluntary donations"? How do you know there's always going to be a surplus?

What happens when you fall behind?


So you openly admit government is the only way? Governments with taxes are the only way? No oligarch is powerful or rich enough to change the status quo while preaching voluntary philosophy?

You are a statist?

[Norcaliblunt]

Poor guy didnt think it through

He doesnt realize the billionaires and millionaires dont have cash laying around


And you didn’t refute how AA survives. Wikipedia too? How does Costco have hotdogs at 1.50 plus a drink?

Y’all are brainwashed clowns worse than libtards for sure.

[Baller234]

So you openly admit government is the only way? Governments with taxes are the only way? No oligarch is powerful or rich enough to change the status quo while preaching voluntary philosophy?

You are a statist?

What does that have to do with anything? Why can't you answer the question and support your own argument?

Tell me how a business that relies on "voluntary donations" continues to operate when the operating costs exceed the amount in donations. Tell me how you can guarantee that there will always be a surplus. Apply this logic to a restaurant for example.

[Baller234]

And you didn’t refute how AA survives. Wikipedia too? How does Costco have hotdogs at 1.50 plus a drink?

Y’all are brainwashed clowns worse than libtards for sure.

Uh, the food court makes up a fractional portion of Costco's business. They don't mind operating on slim margins on the food court items because it brings more consumers into the store, which is how their real money is made. Plus all of their items are made in house using their own Kirkland products.

Costco is actually very charitable, well run company. I used to work there back in the day during college. They pay their employees very well all things considered. But if the food court was a standalone restaurant, there is no chance in hell they could afford to price their items that low.

[Norcaliblunt]

What does that have to do with anything? Why can't you answer the question and support your own argument?

Tell me how a business that relies on "voluntary donations" continues to operate when the operating costs exceed the amount in donations. Tell me how you can guarantee that there will always be a surplus. Apply this logic to a restaurant for example.

Answer my question asshole? How does Alcoholics Anonymous exist?

Do your homework clown.

How does Wikipedia exist? Do you homework?

How does Costco sell hotdogs well behind behind market value in 2024?

You can’t answer shift because you are a straight bitch clown fake *****.

[Baller234]

This guy is still hung up on Costco hotdogs.

Hey dipshit, Costco isn't a non-profit charity. They net billions in profit.

[TeflonDonTrump]

Answer my question asshole? How does Alcoholics Anonymous exist?

Do your homework clown.

How does Wikipedia exist? Do you homework?

How does Costco sell hotdogs well behind behind market value in 2024?

You can’t answer shift because you are a straight bitch clown fake *****.

Please break down the total expenses paid for by aa vs a place where they give free food away.

[Norcaliblunt]

Please break down the total expenses paid for by aa vs a place where they give free food away.

Please break down how Napster worked. Lol.

You really think fast food is more expensive to produce than police departments, legal systems and whatever the government produces. Lmao.

So AA voluntary councilors and the literal infrastructure of facilities holding meetings is harder than growing basic ass crops and food for people?

[Norcaliblunt]

This guy is still hung up on Costco hotdogs.

Hey dipshit, Costco isn't a non-profit charity. They net billions in profit.

And they do their part as a billion dollar company providing cheap food at a loss.

Lmao!!!

They literally subsidize hooking people up with hotdogs and drinks because they make gazillions selling wholesale shit.

[TeflonDonTrump]

Please break down how Napster worked. Lol.

You really think fast food is more expensive to produce than police departments, legal systems and whatever the government produces. Lmao.

So AA voluntary councilors and the literal infrastructure of facilities holding meetings is harder than growing basic ass crops and food for people?

You are confused kid. Aa is all volunteer and all they need is rent which has a low expense as compared to the all of the other things you mentioned.. now you want to being napster into it? Lol. Do you even know how napster worked?

[TeflonDonTrump]

And they do their part as a billion dollar company providing cheap food at a loss.

Lmao!!!

They literally subsidize hooking people up with hotdogs and drinks because they make gazillions selling wholesale shit.

You are pretty dumb. They give the at cost food away to get people to spend hundreds every time. There is an ulterior motive behind the low cost food.

What you propose is rich people who dont have the cash to give away free food to everyone just because they are millionaires and billionaires. You see how your analogy makes no sense?

[Norcaliblunt]

You are confused kid. Aa is all volunteer and all they need is rent which has a low expense as compared to the all of the other things you mentioned.. now you want to being napster into it? Lol. Do you even know how napster worked?

You want to act like a collective can produce nuclear bombs, put a man on the moon, and provide a military but can’t seem to run free non profit fast food restaurants. Lmao.

[TeflonDonTrump]

You want to act like a collective can produce nuclear bombs, put a man on the moon, and provide a military but can’t seem to run free non profit fast food restaurants. Lmao.

I knew the end conversation would result to some communist bull shit.

Whats the failure rate of a commune?

[Norcaliblunt]

I knew the end conversation would result to some communist bull shit.

You the commie bruh. I’m stating voluntary shit like AA, Wikipedia, etc.

You fully support the commie military, police department, and immigration regulation.

Statist.

Millionaires / billionaire voluntarily providing services is commie now?

Lmao.

[Baller234]

And they do their part as a billion dollar company providing cheap food at a loss.

Lmao!!!

They literally subsidize hooking people up with hotdogs and drinks because they make gazillions selling wholesale shit.

Lol, nothing is being subsidized. It's a marketing strategy. They also give free samples, are those subsidized too? You think they give away samples for their health? No, they're confident that if they give away samples more people are going to buy the product. The free samples, the food court... it serves the larger business.

I love Costco. I think they're a great company. But if they weren't trying to sell you wholesale goods, they wouldn't be interested in selling cheap hot dogs. They couldn't afford to.

But by all means, if you have a genius idea on how to accomplish this, I am all ears.

[Norcaliblunt]

Lol, nothing is being subsidized. It's a marketing strategy. They also give free samples, are those subsidized too? You think they give away samples for their health? No, they're confident that if they give away samples more people are going to buy the product. The free samples, the food court... it serves the larger business.

I love Costco. I think they're a great company. But if they weren't trying to sell you wholesale goods, they wouldn't be interested in selling cheap hot dogs. They couldn't afford to.

But by all means, if you have a genius idea on how to accomplish this, I am all ears.


So giving away cheaper shit serves the larger businesses? Please explain? And why does the government have to bare the brunt when it’s been easily demonstrated that corps can provide?

[Baller234]

So giving away cheaper shit serves the larger businesses? Please explain? And why does the government have to bare the brunt when it’s been easily demonstrated that corps can provide?

Explain? This needs to be explained to you? I just did.

Free samples encourage shoppers to buy more products. The food court encourages shoppers to keep coming back and bring the entire family... so they can buy more products.

[Norcaliblunt]

Explain? This needs to be explained to you? I just did.

Free samples encourage shoppers to buy more products. The food court encourages shoppers to keep coming back and bring the entire family... so they can buy more products.


So entities are able to produce shit at low costs and almost free?

You openly admit a company could provide free stuff?

But only does so because it will reap them more profit in some sort of black magick capitalist kind of twist?

ThatÂ’s your argument?

The means to produce are there but why would they?

ThatÂ’s your stance?

[Baller234]

So entities are able to produce shit at low costs and almost free?

You openly admit a company could provide free stuff?

Costco doesn't provide anything for free.

But only does so because it will reap them more profit in some sort of black magick capitalist kind of twist?

ThatÂ’s your argument?

You are confusing charity with business. In businesses, nobody does you a favor out of the kindness of their heart. They are expecting your business in return.

The means to produce are there but why would they?

ThatÂ’s your stance?

Who said they have the means? What makes you think they have endless access to endless money?

Why does this only apply to them? What about you? Why aren't you buying bundles of costco hot dogs and handing them out to the homeless? Are you telling me you couldn't afford to buy $50 worth of hot dogs? That's like 30 people you can feed.

Bolded.

[Norcaliblunt]

Bolded.

So under your world view do you support taxes or voluntary donation?

What’s more efficient to you?

The gov taxing 75 percent of millionaires and billionaires?

Or 75 percent of millionaires and billionaires willing to provide services and funds voluntarily?

I mean is it possible in your world view for there to be no government?

Or are you a straight up statist?

[TeflonDonTrump]

So giving away cheaper shit serves the larger businesses? Please explain? And why does the government have to bare the brunt when it’s been easily demonstrated that corps can provide?

If you dont ubderstand this, theres no point talking to you.

[TeflonDonTrump]

Bolded.

Thats why all these communes fail. Only some people need to do it while the rest can just sit back and reap the sows

This clown doesnt get it

[Baller234]

So under your world view do you support taxes or voluntary donation?

What’s more efficient to you?

The gov taxing 75 percent of millionaires and billionaires?

Or 75 percent of millionaires and billionaires willing to provide services and funds voluntarily?

I mean is it possible in your world view for there to be no government?

Or are you a straight up statist?

Lol, I think you learned a new word and just really desperate to use it in conversation.

I think taxes are a thing that should exist. I am not on the side of "all taxation is theft".

I just happen to think it should be a low number.

[diamenz]

just as a side note:

https://pbs.twimg.com/media/GFBoaocWYAEt9z2.jpg

[rmt]

https://www.youtube.com/watch?v=T2z8App14bs

If so many (both wealthy and Congress) are in favor of higher taxes on the wealthy, why don't they do it?

[Off the Court]

Imagine fighting for billionaires to have more money because tribal politics told you to. This subject definitely puts a spotlight on the sheep.

[rmt]

Does the obvious need to be stated? The billionaires say they want higher taxes but really don't. They have the politicians in their pockets, and so the higher taxes never happen (no matter what either/both "say(s)").

[Charlie Sheen]

Imagine fighting for billionaires to have more money because tribal politics told you to. This subject definitely puts a spotlight on the sheep.

In a hilarious stroke of irony... you are the sheep doing exactly what you accuse others of.

[Off the Court]

In a hilarious stroke of irony... you are the sheep doing exactly what you accuse others of.

With that post? please explain

Or are you just calling me a sheep in general? unrelated to this thread, and in no way ironic.

[bladefd]

just as a side note:

https://pbs.twimg.com/media/GFBoaocWYAEt9z2.jpg

The rich would be just fine with slightly higher taxes, but I also want our government to slash most of the deficit. Audit every single government agency, including the military and get rid of any waste. You can do both together.

[Charlie Sheen]

With that post? please explain

Or are you just calling me a sheep in general? unrelated to this thread, and in no way ironic.

Because tax the rich is a political message... you are playing tribal politics.

Here is one current example... The expanded child tax credit expired few years ago. Researchers from any source you want to pull concluded the expanded credit markedly reduced the child poverty rate. Google it if you do not believe me. Now the expanded tax credit is being sent to congress attached to a bunch of unrelated tax breaks and revisions.

I do not care whether billionaires are taxed more because more often than not I am going to lose in the long run. I am going to lose some benefit I already had to trade back for unwinding this later. Government serves the politician's interest several times before it considers the public. The people in these polls are the constituents that matter 100x more to lawmakers than me or you. They know that. They know they can take as bold and radical opinion as they want when this kind of proposal has no chance of passing as a singular act.

[Off the Court]

I never even engaged in declaring tax the rich but I disagree anyway.

For the most part those wanting to spread the wealth are thinking with their own needs in mind, and those fighting for Jeff Bezos to have more billions are sheep to him and their tribe.

This topic should be a no brainer for anyone who isn't rich. Hell apparently even the wealthy agree. There has been a massive paradigm shift, the elite wealthy have become much more wealthy while everyone else has remained stagnate. It's time to tip the scales a bit.

[Charlie Sheen]

I never even engaged in declaring tax the rich but I disagree anyway.

For the most part those wanting to spread the wealth are thinking with their own needs in mind, and those fighting for Jeff Bezos to have more billions are sheep to him and their tribe.

This topic should be a no brainer for anyone who isn't rich. Hell apparently even the wealthy agree. There has been a massive paradigm shift, the elite wealthy have become much more wealthy while everyone else has remained stagnate. It's time to tip the scales a bit.

I laid out an example illustrating some of the moving parts and this is your reply... It's a no brainer?

My mistake. I was foolish enough to believe you were interested in discussion. :cheers:

[Baller234]

I never even engaged in declaring tax the rich but I disagree anyway.

For the most part those wanting to spread the wealth are thinking with their own needs in mind, and those fighting for Jeff Bezos to have more billions are sheep to him and their tribe.

This topic should be a no brainer for anyone who isn't rich. Hell apparently even the wealthy agree. There has been a massive paradigm shift, the elite wealthy have become much more wealthy while everyone else has remained stagnate. It's time to tip the scales a bit.

LMAO

This guy thinks that government raises taxes out of the kindness of their heart because they want to help the lower and middle class. :oldlol:

[warriorfan]

LMAO

This guy thinks that government raises taxes out of the kindness of their heart because they want to help the lower and middle class. :oldlol:

:lol :roll:

[Off the Court]

LMAO

This guy thinks that government raises taxes out of the kindness of their heart because they want to help the lower and middle class. :oldlol:

They SHOULD raise taxes on the wealthy to help the lower and middle class. (Looks like the wealthy even agree)

All the whining you fools do about grocery and gas prices and you disagree? :oldlol:

[Off the Court]

People with less than$100,000 salary should be exempt from income tax.

Make that shit a status symbol. Like you know you made it if you pay income tax.

[Norcaliblunt]

Baller literally believes his taxes are good but other taxes are bad.


Lmao.


Straight up statist libtard clown.

[Baller234]

They SHOULD raise taxes on the wealthy to help the lower and middle class. (Looks like the wealthy even agree)

All the whining you fools do about grocery and gas prices and you disagree? :oldlol:

If nobody earning under $100k has to pay taxes, that means the government would have to raise taxes exponentially on those that do. That means someone earning $130k could theoretically net less income than someone earning $95k, which is fukking retarded.

Also, only around 15% of U.S. population earns over $100k to begin with. It would be literally impossible for them to shoulder the tax burden for the entire population of over 300 million americans.

I think JStern might be right. Barring the mentally sick people on the forum, of which there are many, you may be the single dumbest user. It's really close.

[rawimpact]

People with less than$100,000 salary should be exempt from income tax.

Make that shit a status symbol. Like you know you made it if you pay income tax.

So 80% of Americans should not pay any income tax?

Or in other words, 20% of americans should pay all the income tax huh?

You think 100K somehow means you've made it? 100K is nothing

[Off the Court]

So 80% of Americans should not pay any income tax?

Or in other words, 20% of americans should pay all the income tax huh?

You think 100K somehow means you've made it? 100K is nothing

Yeah that is kind of my point. Less than 100K is nothing, those people need their money. Let the 20% who hold all the countries cash pay income tax. Keep in mind income tax isn't all tax, there is state tax, property tax, and sales tax. So even the ones making nothing are would still be paying in some form. Just let the low earners keep their earnings.

[bladefd]

Something like 80 percent of the wealth in USA is in the hands of top 10 percent of the nation. The top 1 percent has more wealth than the bottom 50 percent combined. And it's actually getting worse. That is when capitalism begins to fall apart when we reach those extremes. It's crony capitalism.

Sorry, don't need more tax cuts for the rich.

[Bill Gates]

That is when capitalism begins to fall apart when we reach those extremes. It's crony capitalism.


Exactly! This is natural evolution of capitalism. Businesses have to become more and more efficient in order to compete with each other. In the process of becoming more efficient over time the workers have to do more with less income.

When it evolves to this level, at least small amounts of redistribution of wealth must happen.

The United States has always had degrees of socialism implemented. Now it is time to turn it up another degree. That doesn't mean moving away from capitalism, and the right will go full on black and white with declare we are communist. It just means turning the dial a bit more.

Eventually, a century or two down the road. There will be no choice but to go full on communist as AI and robots will have replaced the human work force entirely. Right now we are in the very early stages of that evolution in society.

[rawimpact]

Yeah that is kind of my point. Less than 100K is nothing, those people need their money. Let the 20% who hold all the countries cash pay income tax. Keep in mind income tax isn't all tax, there is state tax, property tax, and sales tax. So even the ones making nothing are would still be paying in some form. Just let the low earners keep their earnings.

So if you take away the tax liabilities for making less than 100k, the deficit is paid by the middle class and the upper 1% huh?

Who is going to be affected by this more, the middle class making 100-300k or the 1%-class? This sounds like more bullshit to get rid of the middle class.

What needs to happen is the tax bracket needs to be elongated. There is no reason why the brackets need to stop at 37% at 750K for married couples.

to even say making 100k is a status symbol tells everyone you are either a retarded kid and/or at poverty level.

[Off the Court]

So if you take away the tax liabilities for making less than 100k, the deficit is paid by the middle class and the upper 1% huh?

Who is going to be affected by this more, the middle class making 100-300k or the 1%-class? This sounds like more bullshit to get rid of the middle class.

What needs to happen is the tax bracket needs to be elongated. There is no reason why the brackets need to stop at 37% at 750K for married couples.

to even say making 100k is a status symbol tells everyone you are either a retarded kid and/or at poverty level.
I said "make" paying income tax a status symbol you illiterate dumb f@#k :oldlol:

Like something for American workers to feel proud of and work towards.

If you think that 80% of the country is at poverty level I am missing on how you disagree with any of this, it's probably just a case of you lacking simple logic. The fact that you think $100k/yr ain't shit only makes my point stronger.

[rawimpact]

I said "make" paying income tax a status symbol you illiterate dumb f@#k :oldlol:

Like something for American workers to feel proud of and work towards.

If you think that 80% of the country is at poverty level I am missing on how you disagree with any of this, it's probably just a case of you lacking simple logic. The fact that you think $100k/yr ain't shit only makes my point stronger.


Talk about being illiterate

[j3lademaster]

Billionaires want a stable economy too, there's a reason they only set up factories in Bangladesh and not their base of operations. Sure, Bill Gates might say don't tax me tax Musk and Bezos instead and the other two would say the opposite, which is why a third party needs to step in to enforce it.

[j3lademaster]

Something like 80 percent of the wealth in USA is in the hands of top 10 percent of the nation. The top 1 percent has more wealth than the bottom 50 percent combined. And it's actually getting worse. That is when capitalism begins to fall apart when we reach those extremes. It's crony capitalism.

Sorry, don't need more tax cuts for the rich.It's so ridiculously easy to make money when you're up there.

Hedgefund creates several vc's, vc goes to a developing nation with laxed regulations and invests in a startup bringing in a large amount of local investors, local investors who are on board with the vc pull their investments at a profit while the other investors get ****ed, vc takes a loss which is the hedgefund's loss so no taxes- not only no taxes, handouts even, the 'local investors' who made the profits are really shell companies of the hedgefund partners and investors and reinvest the money back in the hedgefund. Rinse and repeat while we destroy developing nations.

[bladefd]

It's so ridiculously easy to make money when you're up there.

Hedgefund creates several vc's, vc goes to a developing nation with laxed regulations and invests in a startup bringing in a large amount of local investors, local investors who are on board with the vc pull their investments at a profit while the other investors get ****ed, vc takes a loss which is the hedgefund's loss so no taxes- not only no taxes, handouts even, the 'local investors' who made the profits are really shell companies of the hedgefund partners and investors and reinvest the money back in the hedgefund. Rinse and repeat while we destroy developing nations.

That's straight-up crony capitalism that everyone should be against, regardless of party or class. I'm sure schemes like that happen within developed countries too. Corporations do whatever they can to maximize profit even if it means screwing over everyone else.

Corporations are afforded benefits that we on the outside can only dream of. This is why I have a huge problem with middle-class and lower-class numbnuts from the Republican party pushing for tax cuts for the wealthy. They are cheering to erase themselves for rich corporate bastards who will trample on the bottom 99% the first chance they get. The way companies like Apple are run is not the American dream. It's a stomping over the American dream.

[j3lademaster]

That's straight-up crony capitalism that everyone should be against, regardless of party or class. I'm sure schemes like that happen within developed countries too. Corporations do whatever they can to maximize profit even if it means screwing over everyone else.No, not really. The VC i used to work for got uprooted and removed from Shanghai like the parasite it is by Xi's administration and was slapped down real hard in Skorea. Actual 1st world countries with regulations(nordic countries, Germany, France. NZ etc) don't even entertain the idea of american foreign investment in that sense. Why do you think the rest of the world hates us so much? An ideal candidate would be something like Venezuela. Rich natural resources like oil that we can put back into the us economy via futures. The problem with things like that is it becomes like the Afghanistan pullout once you have your hands in it; it has to end sooner or later and it's really messy when it does. You saw what happened in Venezuela in real time when we put in the sanctions to restrict their access to us debt and equity markets. It was going to be messy no matter what like I said, but we literally chose the messiest way to do it. Then we propagandize it as "oh it was the socialism, really. Not a corrupt dictator selling us his country piece by piece like a chop shop".

[Axe]

So 80% of Americans should not pay any income tax?

Or in other words, 20% of americans should pay all the income tax huh?

You think 100K somehow means you've made it? 100K is nothing
Meltdown. Any amount, even if it reaches millions or billions, wouldn't satisfy a super depressed hillbilly redneck like you regardless.

[Nanners]

if 75% of millionaires and billionaires truly wanted to be taxed at higher rates, it would be happening.

[j3lademaster]

if 75% of millionaires and billionaires truly wanted to be taxed at higher rates, it would be happening.
Should retitle: 75% of millionaires and billionaires want every other millionaire/ billionaire to be taxed at higher rates.