Just remember that we could all have our social security if the top 1% paid a fractionof the taxes they used to.
Social security, Healthcare, maternal leave, paid vacations,cross country high speed rail etc etc etc
Remember if they hadn’t understated the inflation rate several times since the 70s social security checks would be enough to retire comfortably on, as jobs used to be enough to live comfortably on. Well over double by the old unimproved formula, that averaged 5-8 percent just by 2008, while the new formula returned 2-3%.
if the top 1% paid a fractionof the taxes they used to.
Could you give an example of a year in which the top 1% paid enough taxes to satisfy this condition?
To support around a 1% shortfall in fica, fica is about .5% of all income (feel free to fact check, I guessed a bit), 1950 fits the bill for their actual paid percentage of 41% vs their statutory 89%.
Edit: it’d be interesting to know how much of a fica shortfall 4% taxes on the 1% would cover. Somewhere in the range of 50-150% is my guess. Seems more than the projected shortfalls. Now, if they got taxed at 91% for real, noone else would have to pay [much] income tax, and they could raise fica on the rest of us without objection.
Anyone still on twitter is a piece of shit.
What does that even mean?
Probably something like they’re Hard Workers™©® who have to
notpay taxes that feed the “lazy parasite poors”It also means: I’m letting you know that I’m an awful piece of shit.
It’s hard for the top 1% to feel good about themselves on account of their clear status as society’s leaches (except they’re not vital parts of the ecosystem like real leeches are).
In order to get around these Hard Feelings they have to step into a fantasy narrative where they aren’t necessarily bad, certainly not harmful, maybe it’s the rest of the world that’s bad come to think of it, maybe they really did earn this, finders keepers right? Who says there is any objective reality to right and wrong? It’s all optics right? Why should the golden rule apply to everyone?!
He’s whining about having to pay a tiny fraction of a fraction of his wealth to support “the poors”.
A lot of the republicans I know honestly believe there’s a huge swath of people on wellfare who are totally healthy and could work if they wanted to, but instead they take government handouts and make a whole bunch of money doing nothing by convincing people they’re needy. I always ask them to point to even one of these supposed people, but they always change the subject.
“Legs open at 16h00 for anyone with wealth => 10^8 USD”
They push this narrative hard. My friend absolutely believes all his issues in life are because of the poors.
So they support policies that will raise the economic conditions of the poor, so they are not creating issues, right? Riiiiiiiiiiiiiiiiiiight?
Atlas Shrugged absolutely melted the brains of future generations of fail sons.
Ayn Rand wrote those books on a meth binge. She went broke later in life and would’ve been destitute if not for her social security and medicare.
Ayn Rand wrote those books on a meth binge.
Huh, didn’t know about that part.
Spoiler: the top 1% are the real thugs
God how I would love to see a homeless person whipping elon musk.
These people genuinely want that 10% dead. They want them to not exist.
That just moves the “problem” closer to them.
Can we just launch him to Mars already?
Absolutely. No need for a lander stage, he can decelerate himself by his own bootstraps.
LIQUIDATE MUSK (financially, in Minecraft)
Thanks. Something like this (e.g. farside.link) should be automatic on all Lemmy servers.
Today I learned that the USA used to have a 91% cap on income tax and 71% on property tax. That was in the 50’s, under Eisenhower.
I guess he thinks The Don, who kicked him out of the club, is the bad 1%?
Well, Muskrat being the world’s richest 12yo is nothing new.BTW:
You say you’re self sufficient (but you don’t dig your own coal)
I think that what you’re frightened of more than anything
Is knowing you need workers more than they need youFirst, you helped make the “thugs”.
Second, you’re never going to be filthy rich. You’re among the “thugs”, as far as billionaires are concerned, and they don’t give one flying fuck about any of us, beyond the concern that we might someday make them pay the ultimate tax.
So she is stupid or she is elon in drag.
