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TopicWhy is 50 Cent getting hate for supporting Trump?
LinkPizza
10/27/20 7:31:52 AM
#17:


wolfy42 posted...
I have friends who make a ton of money and think that way, but you are literally doing a job (those that even work mind you, some of the richest people don't work at all but make more than 99% of americans), and getting paid (in this case) over 400k a year for it. Your not working 4x as many hours as the average American and certainly not more then 8x as many hours.

Maybe not. But you could be doing something most people can't do. For example, some people can act or sing. It's a special talent that not everybody can actually do well (despite what Disney tried to tell people). Or doctors, who pay out the wazoo for their degrees and go to school for so many years to get where they are now. Some of them do work more hours than others, but most do a job that not many other can... For those degrees. For CEO's, I can't say how hard their job is, but I do know that they could end up working a shit ton of hours... Just saying that other people shouldn't make as much for whatever reasons is kind of shitty. They possess a skill not many do. Why shouldn't they be compensated for it...

wolfy42 posted...
I get what your saying about having control on how you spend things, but at least in theory we, the people, should have some control over how taxes are spent, and should be able to control those taxes by voting etc. If we voted in taxes to go towards building new hospitals, and building up our infrastructure, that is where the taxes would go, and we SERIOUSLY need both of those, more in some areas than others, but pretty much universally.

Maybe we should. But we don't have that much control. We can vote on different people who say how they want to spend it. But it doesn't mean we'll get everything we want. Maybe they are only putting your money toward one thing you like. And maybe the opponent isn't putting it toward anything you want. All you can do it vote for the one person who puts it toward that one thing. So, we don't have control over that money. Which sucks. And which is why I'd rather donate toward whatever instead of letting the government decide where they think it would be best...

wolfy42 posted...
we are talking about taxing income over 400k, past the point of needing money at all for even a very luxiourious lifestyle. Even as you mentioned, saving for retirement, if your making over 400k, it takes like a year or two at that rate to have enough money to retire on just from interest etc.

The problem is that you are trying to decide what people need to live. You have no idea how they are living, though. One of those people making over 400K could be taking care of a ton of people. Maybe they have a big family (like extended) and are trying to help take care of them. Maybe they know someone with a really bad illness and are trying to help the family take care of them. As for how much they need to live off of a year, that depends on their current lifestyle and the area they live in. It could be an expensive area. And maybe they still want to travel to many expensive places. They should have to give that up because people don't like that they have a lot of money. Just because it's not how you lived you life doesn't mean it's not a way others live their life... And I can understand. If I made that much a year, I could help pay the debts for my whole family (like mom, dad, brother, sister, grandma) and use it to help with a lot of things. Getting a house, and helping my family back home get one. And helping my brother and sister pay for college. Helping my grandma with her health and to make sure she has enough to live off of. Helping my mom with all the things she needs help with. And keeping everything in order for me. And with more money, I could visit home more often, as well... And while 400K is a lot, I would probably need multiple years worth to do all that...

wolfy42 posted...
What is more, by taxing income over 400k, you could reduce taxes for those making less than $100k, reducing the burden on those who barely have enough.

You say that, but I highly doubt that would happen, tbqh...

wolfy42 posted...
There is no easy fix, but yeah, taxing people making well over a comfortable amount per year, is a pretty easy solution that doesn't really hurt anyone, and helps a ton of people.

It could hurt quite a few people depending on what they use it for. And it could end up helping nobody at the same time...
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