• 5 Posts
  • 88 Comments
Joined 2 years ago
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Cake day: October 23rd, 2024

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  • the existence of billionaires is itself an abomination of a broken economic system.

    the broken system is direct evil corrupting social governance. Money=speech means money= fraud, theft, terrorism, genocide. But it is the latter application of money that is evil rather than money. It is cause for liberating the evil from their money. Your view is simply dead wrong.

    The only path to wealth is accumulated propensity to savings. Extremely large yacht and epstein island orgy budgets, and MC hammer entourage hookers and blow, is wealth avoidance path. These lifestyle choices are the only path to trickle down, but you might hate them too, perhaps for the one trick “billionaire haters” hate.


  • but with the top rate at upper-middle income. You’re basically targeting doctors and lawyers as “the wealthiest”, when they also earn next to nothing compared with actual wealthy

    Progressive taxation stays, its just added to investment income (capital gains deduction no more) as well. It’s enough because its $3T additional revenue before carbon taxes. Billionaires “only” own $8T or so, and a wealth tax that applies just for them would need to be 35% of wealth every single year to raise the same amount. The $16m~ wealth level (top 1%) would need a 5% wealth tax every year to raise the same amount.

    The far more important social governance objective, is distributing social revenue to people as dividends is far more helpful than raising more revenue to pay oligarchs more for more wars. The goal shouldn’t be to generate anger at a group just because they saved wealth, it should be to maximize shared prosperity.


  • Failure to appropriately tax wealth while taxing income alone is the fundamental cause of labour having no value in the modern economic system

    Linked proposal would have 0 employment income taxes up to $100k, and 0 payroll taxes. 5% increment surtaxes on sliding scale incomes above $100k. Investment income would have base 25% tax. Taxing the income that is derived from wealth (investments) at equal rate to employment income (the 0 income tax is a gimmick based on not deducting employment expenses from employer) is both the right fairness balance, and high revenue raiser. The far greater benefit to 90% of population, overlapping the employee class, is freedom dividends. Over $36k/year in US per adult can be afforded when we stop thinking of just wealth taxes to fund a larger nazi empire by the oligarchs for the oligarchs.

    Taxing investment income is a fools errand because there are a million ways for them to enrich themselves off their holdings without appearing to HAVE income, on paper.

    The one big way is borrowing against investments. A $1m-$5m limit would go a long way to eliminating the loophole for ultra rich. Trusts can be taxed more. The loopholes can be fixed.

    The race to the bottom in US, is based on piecemeal “populist emotional” local measures, that just as Corporate investments shop arround for biggest local tax breaks, threats of leaving when “fair tax local” proposals/policy pass is a weak attempt at not fixing anything.

    Instead of taxing wealth as a principle, I do support financially zeroing out those who sponsor speech of nazi economic fraud, and zionazi theft of American prosperity. But, essentially, everyone is/should be encouraged to get as rich as they want as long as they STFU and pay their taxes instead of corrupting government to make them richer.

















  • Turnout is all that matters, and polls anticipate turnout/motivation.

    Always be voting for lesser evil! Rural people get luxury gay space communism voting lines. Seniors/evangelicals always turn out. You better believe that evangelicals hold their nose when they vote for Trump, but Armageddon and Israel worship is part of their programming. If you be voting, then your opinions will matter in the future. If not, then you will be safely ignored, because lemme nazis will remind you the only time politics matter to you, that DNC is shit.

    Seniors now have -21 net approval of Trump down 24 from Oct 24. They may vote against him.

    Rural voters overall have -20 net approval. Down 40 from Oct 24. Rural Republicans still net positive, but 26% disapprove of Trump, and 60% disapprove of Iran war related energy costs. There will be some flips from former, and more abstains from latter.

    Show the fuck up. Protest DNC the next day, and organize next primaries or 3rd party.