Message from @Phoenix
Discord ID: 473191324330491904
Taxing the very rich hasn't worked
It's decreased jobs
I wanna see this after he types his paragraph
Ronald Reagan's trickle down plan created millions of jobs
"Trumped-up trickle down" lmao
lmao
Why do libs say that was a disaster
I really don't know
So, economics is clear: taxing normally is not good for the economy. You just take money out of the market, and more often than not it doesn't do enough good to overcome the opportunity cost of that loss. However, there is a difference between theory in practice. The rich don't always use their money to help the economy. More often than not they just sit on it and buy more for themselves. It becomes necessary, therefore, for the government to tax them a little, to use the money the way the rich should use it on their own. Also, some social services are needed in every nation and need funding. The rich can sacrifice a seventh house to help out people. So, my ideal tax system is for no taxes on poor and middle class, decent taxes on the rich, and low taxes on corporations and businesses.
Bill clinton took credit riding off of Reagans economy
Why become rich if you're going to get taxed to shit
Where is the motivation to get wealthy
You shouldn't dilute someone's hard work to everyone else
Because its not like we make them poor as rats for being rich lmao.
they are still incredibly well off.
With your plan
We'd eventaully tax humongous amounts
Because humans are inherently greedy
The rich would no longer be rich
Then everyone is poor
Money has no value
No one creates jobs
The US falls
And it collapses with nothing left but communism
Like the great Mao did to China
Build
That
Wall
WALL
I rather put money towards a wall than global warming funding
Fix global warming funding
35% corp taxes 🤢
Waste of money
Taxes suck
Tim Cook yearly income: $10.3 million. 30% tax takes $3 million roughly. Leaves the poor guy with 7 million a year. So poor.
The rich are rich because they outplayed other people in the socioeconomic ladder, why is it their job to pick up the slack for people that failed at adulthood?
Air is cleaner right now than it was in 1990
Why would we spend even more