Some dude I work with said “man, if they start taxing Bezos more, at what point are they gonna come after me?”
Maybe when you start making billions of dollars? Fuckin idiot
they already coming at that dude with taxes.
the others ain’t paying their fair share.
They’re right tho, millionaires are way more protected by government than the average person
You know what the difference is between a million and a billion? Roughly a billion.
I truly don’t understand these people. Their life is generally stressful to the extreme and the current system of “trickle down” has been for a long time shown to not work. So why not tax the rich, install some decent social systems, make the world better for the general public and move on?
They’re not temporarily embarrassed millionaires. There’s no such thing, really.
They’re groupies. They don’t care how bad their life is, they’re star-crossed and get a weird vicarious thrill from it. They know they’ll never be that rich, but as long as their star is rising, they’re happy. It’s more like fans of a sports team. If their star quarterback is winning – even if that means they’re personally doing worse – they’re on the winning team.
The false narrative of ‘temporarily embarrassed millionaires’ is detrimental because it’s misleading in how we talk to and about them. I don’t remember who started that, but it’s dead wrong.
e: to clarify, they aren’t supporting this shit because they think it will benefit them someday. If that were the case, they could be reasoned with. It’s worse:
They support this shit because they believe those billionaires are deserving or anointed by god. A fundamental part of conservatism is the belief there is a natural order to society with more deserving people on top, and if that hierarchy is disrupted, all of society will fall into chaos. They believe certain people should naturally be on top, and there’s honour in knowing your place and performing it well. Conservatism was born when feudalism died and the historical lords shifted their ideology from feudalism to capitalism to keep their wealth and power.
That ‘knowing your place in the hierarchy’ bit is a large part of racism as well as their penchant for fascism. The world makes more sense and is thus safer when everyone is in their proper place.
Are there a lot of people like this nowadays? I don’t know any, maybe I’m lucky.
I’ve never met anyone like this, I’m not convinced there’s many.
My theory is the internet loves a common enemy regardless of how prominent they are.
A 70% tax rate is insane. All that will do is incentivize taking money out of the country or cheating and lying and hiding all that money (even worse than now) I think a reasonable rate is around 20% or 30% and taxes should be structured where the people who make the least pay the least
It’s not “insane” it’s lerfectly feasable. It used to be at 63%:
https://taxfoundation.org/data/all/federal/historical-income-tax-rates-brackets/
In fact it was changed from 25% to 63% in 1932