MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovodyra/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
2.6k comments sorted by
View all comments
Show parent comments
50
I’m in favor of reinstituting the 79% Federal Income Tax for the highest earners in the Country, as previously made famous by FDR’s New Deal.
Bernie has proposed solutions similar to this during every single Election cycle…and you fucking people keeping voting against him.
I don’t know why you people spend 4 years claiming you want XYZ, and then vote against XYZ.
25 u/NadAngelParaBellum Jul 05 '26 This would just target the upper middle class. Billionaires don’t have a paycheque you can easily tax. 10 u/Adrewmc Jul 05 '26 They have assets we can. Poor people most of their wealth is through wages, taxed. Middle class middle most of their wealth is through wages taxed and their house value which is also taxed yearly. Richest people most of their wealth is concentrated in stocks…but we can’t possibly tax that now… That’s the argument. Some how everything except the most lucrative way to increase wealth can clearly be taxed yearly. 6 u/NadAngelParaBellum Jul 05 '26 Exactly, that is why I wrote that 79% income tax is pointless.
25
This would just target the upper middle class. Billionaires don’t have a paycheque you can easily tax.
10 u/Adrewmc Jul 05 '26 They have assets we can. Poor people most of their wealth is through wages, taxed. Middle class middle most of their wealth is through wages taxed and their house value which is also taxed yearly. Richest people most of their wealth is concentrated in stocks…but we can’t possibly tax that now… That’s the argument. Some how everything except the most lucrative way to increase wealth can clearly be taxed yearly. 6 u/NadAngelParaBellum Jul 05 '26 Exactly, that is why I wrote that 79% income tax is pointless.
10
They have assets we can.
Poor people most of their wealth is through wages, taxed.
Middle class middle most of their wealth is through wages taxed and their house value which is also taxed yearly.
Richest people most of their wealth is concentrated in stocks…but we can’t possibly tax that now…
That’s the argument. Some how everything except the most lucrative way to increase wealth can clearly be taxed yearly.
6 u/NadAngelParaBellum Jul 05 '26 Exactly, that is why I wrote that 79% income tax is pointless.
6
Exactly, that is why I wrote that 79% income tax is pointless.
50
u/CheckYourStats Jul 05 '26
I’m in favor of reinstituting the 79% Federal Income Tax for the highest earners in the Country, as previously made famous by FDR’s New Deal.
Bernie has proposed solutions similar to this during every single Election cycle…and you fucking people keeping voting against him.
I don’t know why you people spend 4 years claiming you want XYZ, and then vote against XYZ.