11–20 of 48 posts
Earlier quoted context omitted.
Payroll is mostly the employees money gping to social programs.
I didn’t think payroll taxes were hypothecated in the US?
Earlier quoted context omitted.
Payroll is mostly the employees money gping to social programs.
I didn’t think payroll taxes were hypothecated in the US?
Sad. What we need is higher taxes on the largest and most powerful corporations and lower taxes for small business and startups so they can compete fairly. This just extends the reign of the corporate oligarchs.
What we need is to cap all wealth at $200k. Any more than that and it is 100% taxed away. Inequality is the number one problem. And it should apply to unrealized gains as well. E.g. houses should not be more than $100k. And if you have a beneficial interest in something it should count as owning the whole thing. The taxes should be distributed to the poorest. Of course if you oppose this you are wealthy and are a mon…
https://static01.nyt.com/images/2025/04/03/multimedia/00biz-...
Edit: hold on, breaking news from 1776: "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the publick, or in some contrivance to raise prices" -Adam Smith, Wealth of Nations
Earlier quoted context omitted.
What we need is to cap all wealth at $200k. Any more than that and it is 100% taxed away. Inequality is the number one problem. And it should apply to unrealized gains as well. E.g. houses should not be more than $100k. And if you have a beneficial interest in something it should count as owning the whole thing. The taxes should be distributed to the poorest. Of course if you oppose this you are wealthy and are a mon…
It doesn't feel like you’ve thought through the nuances and implications of this policy, and the tone makes me think you don’t really want to.
Sad. What we need is higher taxes on the largest and most powerful corporations and lower taxes for small business and startups so they can compete fairly. This just extends the reign of the corporate oligarchs.
The top companies (and the wealthiest for that matter) already pay the majority in taxes. This doesn't include the jobs created to support everything (and the taxes paid from these jobs). We should be allowing businesses to write off research and development. This promotes forward-thinking and almost always adds new jobs during the investment phase and after. More tax money just gets wasted at the top. California is…
First, not true.
Second, even if true it wouldn’t be surprising, if you have most of the wealth you pay most of the tax money. It’s surprising that that’s not even the case.
Third, it explains California. Of course the state with the highest GDP has also the highest tax income
Earlier quoted context omitted.
The top companies (and the wealthiest for that matter) already pay the majority in taxes. This doesn't include the jobs created to support everything (and the taxes paid from these jobs). We should be allowing businesses to write off research and development. This promotes forward-thinking and almost always adds new jobs during the investment phase and after. More tax money just gets wasted at the top. California is…
> The top companies (and the wealthiest for that matter) already pay the majority in taxes. When you hoard far more than just a slim majority, paying a majority isn’t unexpected and it can still be unfair. But I think you are talking about federal personal income tax not corporate tax. > We should be allowing businesses to write off research and development. They already do in various ways. > More tax money just gets…
I mean sure it might be wasteful (name one entity private or public that doesn’t suffer from assholes and corruption), but the quality of life here is far better than in Texas or any other state.
We have labor rights, environmental protection, hell even the ethical farming practices like how eggs are produced. Life here is objectively better for the people.
It’s obviously more expensive. There’s demand for people to live here. Even if some people leave more want to move here or wish they could. Shitting on California is 90% of the time some form of cope for many people. They know they could never make it here so the best they can do is complain about it from whatever **hole they’re in.
Earlier quoted context omitted.
> The top companies (and the wealthiest for that matter) already pay the majority in taxes. When you hoard far more than just a slim majority, paying a majority isn’t unexpected and it can still be unfair. But I think you are talking about federal personal income tax not corporate tax. > We should be allowing businesses to write off research and development. They already do in various ways. > More tax money just gets…
Do you live in California? I mean sure it might be wasteful (name one entity private or public that doesn’t suffer from assholes and corruption), but the quality of life here is far better than in Texas or any other state. We have labor rights, environmental protection, hell even the ethical farming practices like how eggs are produced. Life here is objectively better for the people. It’s obviously more expensive. Th…
I agree the demand drives up certain costs like housing. But those are in the private markets. But I don’t understand is what the state government and local governments are spending all of the money on. And there are certainly some prominent wasteful programs such as the high-speed rail project or various programs for homelessness. I expect there’s more of those kinds of waste.
In the end, I think simply giving people money is an effective way to make society better. I’m not against the taxation as much as the low return for the additional spending that has happened in the last few decades.
Earlier quoted context omitted.
> The top companies (and the wealthiest for that matter) already pay the majority in taxes. When you hoard far more than just a slim majority, paying a majority isn’t unexpected and it can still be unfair. But I think you are talking about federal personal income tax not corporate tax. > We should be allowing businesses to write off research and development. They already do in various ways. > More tax money just gets…
Do you live in California? I mean sure it might be wasteful (name one entity private or public that doesn’t suffer from assholes and corruption), but the quality of life here is far better than in Texas or any other state. We have labor rights, environmental protection, hell even the ethical farming practices like how eggs are produced. Life here is objectively better for the people. It’s obviously more expensive. Th…
Instead, Californians with high incomes, but not enough to pay the outrageous price for ownership, pay outrageous rents to landlords that repackage unupdated 1970s starter homes at extreme luxury prices.
Once we stop letting landlords exploit productive labor by removing the regulatory capture, the quality of life will increase, merely through allowing more people to experience the higher quality of life. However, reversing that trend is proving extremely difficult, despite fairly widespread support among the voting population.
