Love how you gotta pay a tax on your tax.
He made a lot of money for himself and his friends. And all it cost was the future of America. There were plenty of issues before him, but this was a huge tipping point. For those who don’t understand the 70%. If I recall correctly that was the tax rate of the rich.
I don’t care who it was the tax rate for, a 70% tax rate is stupid. Takes any incentive for working beyond a certain point out which stifles innovation and is the death of a growing and cutting edge society.
Yeah, what would we ever do without today’s billionaires? I can’t imagine a world without guys like Elon Musk spending their endless money on controlling narratives on social media instead of contributing a much larger share to social programs and infrastructure. He’s always finding ways to innovatively call people pedos, and without that, we’d be much worse off as a society.
Tell me you don’t understand tax brackets without saying you don’t understand tax brackets.
I fully understand tax brackets. I’m an Executive Director over a multi million dollar organization and core member of the financial and accounting teams, responsible for auditing income statements and the like. I also own a private business and do all the accounting and payroll myself.
The real problem here is, I’m a proud capitalist, and seem to have wandered into communist and/or socialist lemmy communities on accident because this post showed up on my home feed for some unknown reason. Pardon my making sense. I’ll see myself out.
You’re a lazy good for nothing bloodsucker, like all capitalists.
What you are is a piece of shit
👍 cool bro
I would never call an « executive from a multimillion dollar company » simping for billionaires and who deletes their comments like a wuss when called out a brother. You and me couldn’t be further apart. I’d spit in your face.
Fucking idiot, holy shit.
… you realise this is 70% past a certain point? Like everything after 1 million was taxed 70%.
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Sounds like the tax duties trickled down, to be fair.
literally 1948
This is worse than anything Orwell could have dreamt of.
What the hell is happening why does an 11 month old post have 220 upvotes and people arguing
“BeSt PrEsiDeNt EveR!!!??!!”