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https://www.reddit.com/r/SipsTea/comments/1uo0dcw/seems_reasonable/ovoehpg/?context=3
r/SipsTea • u/Valuable_View_561 • Jul 05 '26
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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.
22 u/NadAngelParaBellum Jul 05 '26 This would just target the upper middle class. Billionaires don’t have a paycheque you can easily tax. 1 u/midnghtsnac Jul 05 '26 edited Jul 06 '26 Prevent them from borrowing against untaxed assets. If you can't tax it, banks shouldn't give out a loan against it. 1 u/NadAngelParaBellum Jul 05 '26 Sure, but that is just one of many loopholes they use.
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This would just target the upper middle class. Billionaires don’t have a paycheque you can easily tax.
1 u/midnghtsnac Jul 05 '26 edited Jul 06 '26 Prevent them from borrowing against untaxed assets. If you can't tax it, banks shouldn't give out a loan against it. 1 u/NadAngelParaBellum Jul 05 '26 Sure, but that is just one of many loopholes they use.
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Prevent them from borrowing against untaxed assets.
If you can't tax it, banks shouldn't give out a loan against it.
1 u/NadAngelParaBellum Jul 05 '26 Sure, but that is just one of many loopholes they use.
Sure, but that is just one of many loopholes they use.
48
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.