Current Events > i'm very liberal but lately, more and more, i have been against...

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MedeaLysistrata
02/08/18 8:59:42 AM
#1:


heavy taxation of wealthy people and small businesses. not sure how i feel about corporate tax rates right now.
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Garioshi
02/08/18 9:01:09 AM
#2:


what's wrong with taxing the wealthy
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MedeaLysistrata
02/08/18 9:02:55 AM
#3:


Garioshi posted...
what's wrong with taxing the wealthy

nothing, i think it just gets absurd when you reach the point where someone who makes 100k is giving up 40-60% of their income on taxes.

but as a leftist i think the solution is nationalizing some industries to bring in profit for the state.
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foreveraIone
02/08/18 9:03:37 AM
#4:


MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this
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Parappa09
02/08/18 9:04:18 AM
#5:


foreveraIone posted...
MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this

i feel little sympathy for people who are earning triple the average income
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#6
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MedeaLysistrata
02/08/18 9:04:43 AM
#7:


foreveraIone posted...
MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this

i mean idk what the actual tax rate is for someone who makes 100k, but since people are always complaining about it it's probably really high. it's only a problem when someone who would otherwise become wealthy is suddenly not wealthy because of taxes.
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#8
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Garioshi
02/08/18 9:05:06 AM
#9:


MedeaLysistrata posted...
Garioshi posted...
what's wrong with taxing the wealthy

nothing, i think it just gets absurd when you reach the point where someone who makes 100k is giving up 40-60% of their income on taxes.

but as a leftist i think the solution is nationalizing some industries to bring in profit for the state.

well it's a good thing that's not happening then
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#10
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averagejoel
02/08/18 9:07:05 AM
#11:


MedeaLysistrata posted...
foreveraIone posted...
MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this

i mean idk what the actual tax rate is for someone who makes 100k, but since people are always complaining about it it's probably really high. it's only a problem when someone who would otherwise become wealthy is suddenly not wealthy because of taxes.

this literally does not happen. ever.
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MedeaLysistrata
02/08/18 9:07:54 AM
#12:


i guess i don't even know enough about taxation to have an informed opinion

flopic
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COVxy
02/08/18 9:09:18 AM
#13:


MedeaLysistrata posted...
but since people are always complaining about it it's probably really high


Lol.
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Uncle Choad
02/08/18 9:11:01 AM
#14:


dolomedes posted...
MedeaLysistrata posted...
i mean idk what the actual tax rate is for someone who makes 100k, but since people are always complaining about it it's probably really high. it's only a problem when someone who would otherwise become wealthy is suddenly not wealthy because of taxes.

rich people complain about it because they're rich and republican and therefore hate taxes


Have you been to the bastion of trust funds that is Metro West Massachusetts?
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Wolf_J_Flywheel
02/08/18 9:21:46 AM
#15:


Parappa09 posted...
foreveraIone posted...
MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this

i feel little sympathy for people who are earning triple the average income

Jelly Belly
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JBaLLEN66
02/08/18 9:24:09 AM
#16:


Privileged people make more money, so they should be taxed more. Idk how this is so difficult to grasp?
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foreveraIone
02/08/18 9:25:01 AM
#17:


JBaLLEN66 posted...
Privileged people make more money, so they should be taxed more. Idk how this is so difficult to grasp?

the kochs literally work tens of thousands times harder than ordinary people so
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Romulox28
02/08/18 9:25:35 AM
#18:


Parappa09 posted...
foreveraIone posted...
MedeaLysistrata posted...
where someone who makes 100k is giving up 40-60% of their income on taxes.

does anyone actually advocate for this

i feel little sympathy for people who are earning triple the average income

do you really think that a 100k salary is a lot of money?
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COVxy
02/08/18 9:26:22 AM
#19:


Romulox28 posted...
do you really think that a 100k salary is a lot of money?


It, uh, objectively is.
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Uncle Choad
02/08/18 9:26:31 AM
#20:


foreveraIone posted...
JBaLLEN66 posted...
Privileged people make more money, so they should be taxed more. Idk how this is so difficult to grasp?

the kochs literally work tens of thousands times harder than ordinary people so


I break up rocks with a hammer all day, and all they do is probably talk and type.

UNFAIR!
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foreveraIone
02/08/18 9:26:38 AM
#21:


not in NYC or sf.
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#22
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foreveraIone
02/08/18 9:27:19 AM
#23:


the kochs are self made men who work 400 hours a week and deserve to be worth like 100 billion dollars
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JBaLLEN66
02/08/18 9:28:34 AM
#24:


foreveraIone posted...
JBaLLEN66 posted...
Privileged people make more money, so they should be taxed more. Idk how this is so difficult to grasp?

the kochs literally work tens of thousands times harder than ordinary people so


I really hope this is satire
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foreveraIone
02/08/18 9:29:29 AM
#25:


JBaLLEN66 posted...
foreveraIone posted...
JBaLLEN66 posted...
Privileged people make more money, so they should be taxed more. Idk how this is so difficult to grasp?

the kochs literally work tens of thousands times harder than ordinary people so


I really hope this is satire

decide after reading post 23
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Garioshi
02/08/18 9:32:04 AM
#26:


lmao people thinking that the koch brothers did anything
their father invented a new way to refine oil and made an absolute fuckton of money off of it and the koch brothers are just riding off his success
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foreveraIone
02/08/18 9:32:37 AM
#27:


Garioshi posted...
lmao people thinking that the koch brothers did anything
their father invented a new way to refine oil and made an absolute fuckton of money off of it and the koch brothers are just riding off his success

they literally work thousands of times harder than you
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emblem boy
02/08/18 9:33:05 AM
#28:


MedeaLysistrata posted...
i guess i don't even know enough about taxation to have an informed opinion

flopic


http://static6.businessinsider.com/image/5a5e44bcf42149a3018b5183-1200/2018%20tax%20brackets%20for%20single%20filers.png

Then add in payroll taxes and state taxes if necessary

MedeaLysistrata posted...
heavy taxation of wealthy people and small businesses. not sure how i feel about corporate tax rates right now.


Nothing wrong with opposing high taxes
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Antifar
02/08/18 9:34:14 AM
#29:


While we're discussing the Koch Brothers' unearned wealth, let's also note the Koch sons
https://www.youtube.com/watch?v=gZ41JGJGxYs

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Garioshi
02/08/18 9:35:33 AM
#30:


foreveraIone posted...
Garioshi posted...
lmao people thinking that the koch brothers did anything
their father invented a new way to refine oil and made an absolute fuckton of money off of it and the koch brothers are just riding off his success

they literally work thousands of times harder than you

by sitting on their asses?
6 people have more wealth than the bottom half of the human race, are you really saying they worked hundreds of millions of times harder than all of those people combined?
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Romulox28
02/08/18 9:37:31 AM
#31:


COVxy posted...
Romulox28 posted...
do you really think that a 100k salary is a lot of money?


It, uh, objectively is.

it is a very nice, comfortable salary but it's far from rich unless you live in Montana or something. If you have two working partners (married couple or cohabitating SOs) this is even less difficult to reach, and with cost of living, mortgages, kids, etc the salary can actually get stretched pretty thin. Saying you'd have no sympathy for someone paying 40 - 60 percent taxes on 100k seems pretty out of touch with reality imo
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foreveraIone
02/08/18 9:38:49 AM
#32:


Garioshi posted...
foreveraIone posted...
Garioshi posted...
lmao people thinking that the koch brothers did anything
their father invented a new way to refine oil and made an absolute fuckton of money off of it and the koch brothers are just riding off his success

they literally work thousands of times harder than you

by sitting on their asses?
6 people have more wealth than the bottom half of the human race, are you really saying they worked hundreds of millions of times harder than all of those people combined?

yes.

they literally work harder than all of them combined.

the waltons deserve all that wealth because of how hard they worked in their lives.
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Uncle Choad
02/08/18 9:40:32 AM
#33:


ITT: Jealousy
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COVxy
02/08/18 9:40:32 AM
#34:


Romulox28 posted...
it is a very nice, comfortable salary but it's far from rich unless you live in Montana or something. If you have two working partners (married couple or cohabitating SOs) this is even less difficult to reach, and with cost of living, mortgages, kids, etc the salary can actually get stretched pretty thin. Saying you'd have no sympathy for someone paying 40 - 60 percent taxes on 100k seems pretty out of touch with reality imo


I mean if your salary alone is almost twice the median household income, you have to admit that you are pretty high out there in the distribution.

Subjectively you might not feel rich, but you are really well off in comparison to the rest of the country.
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#35
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foreveraIone
02/08/18 9:41:37 AM
#36:


COVxy posted...
Romulox28 posted...
it is a very nice, comfortable salary but it's far from rich unless you live in Montana or something. If you have two working partners (married couple or cohabitating SOs) this is even less difficult to reach, and with cost of living, mortgages, kids, etc the salary can actually get stretched pretty thin. Saying you'd have no sympathy for someone paying 40 - 60 percent taxes on 100k seems pretty out of touch with reality imo


I mean if your salary alone is almost twice the median household income, you have to admit that you are pretty high out there in the distribution.

Subjectively you might not feel rich, but you are really well off in comparison to the rest of the country.

you keep ignoring cost of living in different areas

stop posting.
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Intro2Logic
02/08/18 9:41:38 AM
#37:


Every dollar Comcast isn't taxed is a dollar they can spend on lobbying to make your internet worse
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COVxy
02/08/18 9:42:55 AM
#38:


foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.
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JBaLLEN66
02/08/18 9:44:32 AM
#39:


COVxy posted...
foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.


This
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foreveraIone
02/08/18 9:45:32 AM
#40:


well my sister makes 160k in NYC and she doesn't make enough for me to mooch off her for the rest of my life.

wait.
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Balrog0
02/08/18 9:45:41 AM
#41:


emblem boy posted...
MedeaLysistrata posted...
i guess i don't even know enough about taxation to have an informed opinion

flopic

http://static6.businessinsider.com/image/5a5e44bcf42149a3018b5183-1200/2018%20tax%20brackets%20for%20single%20filers.png

Then add in payroll taxes and state taxes if necessary


the 40%-60% rate is very reasonable (60% is on the high side) when talking about all taxes and not just income taxes (why would you just be talking about income taxes, anyway?)

also, it literally is true in other countries even just for the income tax:

http://money.cnn.com/2013/04/01/pf/taxes/top-income-tax/index.html

At 60.2%, Denmark last year had the highest top personal income tax rate among the 34 countries in the OECD, an organization of developed and emerging countries. And that 60.2% applied to income over roughly $55,000.
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Balrog0
02/08/18 9:47:55 AM
#42:


I think what this topic actually proves is that people have no idea what the costs of the social safety nets they want* actually are tbh

*averagejoel gets a pass because he is consistent about disliking the nordic bloc countries and the way he conceptualizes these things is far outside the mainstream
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Romulox28
02/08/18 9:48:14 AM
#43:


COVxy posted...
foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.

Now you're just making shit up, this is not true at all.

Case in point: I live in NJ. My wife and I make over 100k combined and have been having an extremely hard time finding a house we can afford. Both of our families advised us that we should continue to rent until we make more money and can afford a decent home.

Yes, we are comfortable in that we can afford to go out to eat and save money and shit like that, but to say cost of living is negligible is wildly out of touch.
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COVxy
02/08/18 9:49:26 AM
#44:


Romulox28 posted...
My wife and I make over 100k combined

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twitterfriends
02/08/18 9:54:41 AM
#45:


Youre really ignorant dude, even if you claim to be very liberal I hope you havent voted yet. No one said any should be taxed beyond half of their income dude, and yes its fucked up cooperations pay a lower rate than people do.
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pikachupwnage
02/08/18 9:54:44 AM
#46:


Romulox28 posted...
COVxy posted...
foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.

Now you're just making shit up, this is not true at all.

Case in point: I live in NJ. My wife and I make over 100k combined and have been having an extremely hard time finding a house we can afford. Both of our families advised us that we should continue to rent until we make more money and can afford a decent home.

Yes, we are comfortable in that we can afford to go out to eat and save money and shit like that, but to say cost of living is negligible is wildly out of touch.


Yeah. Some areas just the cost of renting an aparatment let alone owning a house is absolutely brutal.
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Uncle Choad
02/08/18 9:55:26 AM
#47:


COVxy posted...
foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.


"Oh you do well financially? You're entitled to the same standard of living as a normal day laborer, because the government needs that money."
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MedeaLysistrata
02/08/18 9:56:35 AM
#48:


twitterfriends posted...
Youre really ignorant dude, even if you claim to be very liberal I hope you havent voted yet. No one said any should be taxed beyond half of their income dude, and yes its fucked up cooperations pay a lower rate than people do.

i think you're the ignorant one for assuming everyone is american
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COVxy
02/08/18 9:57:04 AM
#49:


pikachupwnage posted...
Yeah. Some areas just the cost of renting an aparatment let alone owning a house is absolutely brutal.


I'm on a 20k salary living in an area that has one of the highest costs of living in the country lol.

People just don't really have a subjective sense for this shit. Everyone is poor. Everyone else is doing better than you.
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lesidesi
02/08/18 9:57:31 AM
#50:


COVxy posted...
foreveraIone posted...
you keep ignoring cost of living in different areas

stop posting.


When you have a 100k salary, cost of living is pretty much negligible. You can live where ever you want comfortably.

No, you cannot buy a gigantic apartment in Manhattan in NYC and have your own wait staff. But that's deliberately missing the point.


This is grossly inaccurate
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