Message from @ryuplaneswalker
Discord ID: 502008776187052033
I laughed when he got elected and I'll laugh again
I think the average person doesn't comprehend what Taxes actually do.
Imagine the shock ;D
Basically I just don't care about the vastly rich.
That's a main part that makes me Leftist
I think it's foolish to concern yourself with the vastly rich, as you put it.
I think they could lose a big portion of their money and be fine.
I disagree, of course
However
Imagine this, someone who makes a million dollars a year
I do think it's a big problem how most people think that money be spent
Rye - the problem is that there are lots of government spending programs that do nothing for us.
they get taxed this year at a rate of 27%
that's $270,000 of their dollars going to taxes.
Let's imagine you cut their taxes by 3%.
They're now paying $240,000. That's 30,000 less.
Depending on the field
that 3%
is the difference between an entire job being created.
The margins are actually SUPER THIN when it comes to taxes.
Frankly this is how I see my political views: I'm libertarian socially (for people's rights); and I'm frankly authoritarian when it comes to business and capitalism because of the absurd imbalance of wealth
That million dollars a year?
For someone who operates on pass-through tax brackets
such as myself, as the owner of an LLC
The problem Tiger is that authoritarianism in economy only makes the imbalance of wealth worse.
If my company pulls a million dollars
because Rich people can pay experts to find loopholes.
that tax rate applies directly to me
I can't.
Honestly I am in favor of forcing businesses who have created an empire of wealth in our country, forcing them to stay and keep paying in to the country that made them
That seems like common sense
Then we can expect the tax to balance out and expect them to not ruin us based on a 3% tax increase
I get the impression you've never been taught to see money as a commodity, only as a score of some sort.
If these patriots would leave America because we want to raise taxes on them, they may as well be hung
wew
That would surely solve all our problems
You're welcome
That'd be authoritarian.
sure, executing the ruling class solves everything
just look at the french revolution
Nah, that would just add massive disincentives to the economy.