Message from @FLanon

Discord ID: 429137289126608897


2018-03-30 04:34:16 UTC  

Not denying it was a good bill

2018-03-30 04:34:18 UTC  

No coporate tax rate

2018-03-30 04:34:19 UTC  

XD

2018-03-30 04:34:22 UTC  

Dude

2018-03-30 04:34:24 UTC  

Tax haven

2018-03-30 04:34:26 UTC  

Buisnessmen would be like

2018-03-30 04:34:27 UTC  

flat tax is eh

2018-03-30 04:34:28 UTC  

"BOI HIRE"

2018-03-30 04:34:40 UTC  

No taxes

2018-03-30 04:34:41 UTC  

Flat tax is a great idea, why punish someone for being sucessful.

2018-03-30 04:34:45 UTC  

NO taxes

2018-03-30 04:34:48 UTC  

Just tariffs

2018-03-30 04:34:48 UTC  

All tariffs

2018-03-30 04:34:49 UTC  

lol

2018-03-30 04:34:52 UTC  

Like olden days

2018-03-30 04:34:57 UTC  

We are in psynch

2018-03-30 04:34:58 UTC  

And America back on the gold standardf.

2018-03-30 04:35:07 UTC  

>LARPing this hard ugh

2018-03-30 04:35:07 UTC  

law of diminishing returns

2018-03-30 04:35:17 UTC  

What?

2018-03-30 04:38:22 UTC  

basically, someone values what they have more if they have a scarcity of it

2018-03-30 04:39:39 UTC  

That's true but, the law of diminshing returns refers to when paying for a better product you have to increase capital exponensionaly when buying the best product on the market.

2018-03-30 04:40:01 UTC  

Is that what you meant?

2018-03-30 04:40:09 UTC  

should've said diminishing *marginal* returns

2018-03-30 04:40:16 UTC  

that was a mistake on my part

2018-03-30 04:40:33 UTC  

oh ok.

2018-03-30 04:43:04 UTC  

For example, say someone makes a billion dollars in a year and they get taxed 20%. They still have 800 million dollars, and they can live pretty much just as extravagantly. Now, say that there's someone making $50,000 in a year, and they get taxed 20%. That 10,000 dollars means a lot, it's rent, it's food, it's maybe a luxury for their kid, a new pair of shoes, that 10K matters more to that person than the billionaire probably cares about the 200 million.

2018-03-30 04:44:03 UTC  

Maybe not.

2018-03-30 04:44:23 UTC  

What if that billionare wanted to give that 200 million to charity? so taht family could get a free pair of shoes?

2018-03-30 04:44:26 UTC  

Look at Bill Gates.

2018-03-30 04:44:38 UTC  

maybe they would've

2018-03-30 04:44:45 UTC  

maybe they wouldn't have

2018-03-30 04:44:46 UTC  

Richest man in the world, and does most of his money for philanthropy.

2018-03-30 04:44:58 UTC  

So why give it to the government who we know for sure won't?

2018-03-30 04:46:22 UTC  

not *most* of his money

2018-03-30 04:46:38 UTC  

in any case, I agree people should be taxed at a low rate

2018-03-30 04:47:02 UTC  

simply that some people have more necessity than others

2018-03-30 04:47:04 UTC  

The truth is with a flat income tax everyone can be taxed at a lower rate.

2018-03-30 04:47:10 UTC  

Forget the poor, they have a ton of welfare programs

2018-03-30 04:47:11 UTC  

not everyone

2018-03-30 04:47:14 UTC  

Look athe middle class