Message from @RyeNorth
Discord ID: 502009029472813076
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.
yep, that pays my entire salary plus 10K for the rich person.
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.
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.
The entire point of money is that it's a commodity that is a substitute for other commodities.
Why work hard to be rich? It will just be taken from you.
don't work hard to be rich
work hard to provide something to your community
:^)
If a person grows apples
And that's all they do
All they can use to pay a person for things they need
is apples.