Message from @RandomDiscordAccount
Discord ID: 608190621412229122
Nah Iām not here to be an egocentrist
Pretty sure he lowered the tax rates
With seven brackets
trump cut taxes that disproportionately affected those who invest in terms
But then again I could be wrong
in the form of capital taxes
he actually saw an increase in tax collection in term of income tax
but the income tax was not his main tax cut
it was capital gains tax
which affects profit made from stock or property that was owned for over 1 year
profit made from stock or property that was owned for less than one year just falls into income tax
he did this as it incentivized long term investment (investment of over one year) instead of short term day trading or quarterly trading of stocks.
now of course there are negative and benefits here, you incentivize long term investment but lose a large chuck of state fiscal revenue
Interesting
Thanks mate!
np
what a lame argument. you both believe in government way more than is healthy
how?
"Betts belonged to a 'pornogrind band'"
ha
Interesting. It has been a while since left wing terrorism was a thing. Especially in the US of A.
Assuming his politics were indeed his motive.
where is my "mixed economics" role REEE
What's mixed economics about?
wheres my "mixed race" role REEE
Can we get a role for every single one of the 58 genders?
*spews coffee*
Only 58?
*unironical* i am mushroom
š | **ogurec leveled up!**
is this some sort of instant karma?
Mixed economics is a combination of market economy with some state-planned aspects. So like regulation but still free-market in the consumer aspect where it doesn't impact culture or society. And state-planned in the military aspect to stop the power of the military-industrial complex. Privatization of prisons and stuff like that. Not to mention health care and shit.
Capitalism is a good tool but when left un-checked it can harm the society that keeps it alive.