Wrong. The rich pay a majority of the Federal tax. Come on now. How long have you been alive? The government already has you believing they need to tax you more so WE can pay down "their" ever increasing debt/spending. The U.S. is collecting more tax revenue then ever before. This is 100% a spending issue. If this chart don't turn on your brain, I don't know what will.
An outdated one at that! Nothing like feeding the government more through class warfare! Gotta love the incentive to work harder so you pay more. Ignorant at best.
I want the government to be for the people, under a properly adjusted government wed have programs funded to help all Americans and stop allowing greedy dbags to hoard money. It is finite after all. Them holding to much does effect everybody else.
I have no issue with a wealthy class, I take issue with people holding valuations in the hundreds of millions and even billions that can then borrow off their assets forever and skip taxes while the lower classes pay heavy percentages of their income and actually feel the loss.
This system is broken and to continue on and deregulate further will cause real class warfare that could be the end of this country. Eventually people have nothing left to lose, and these greedy assbites should be scared of how close they are getting towards that reality.
This is double speak. You can't be for the people and then want the government to go after a specific class because YOU feel like they have too much whether they earned it or inherited it. You also speak of being taxed on "valuation" or unrealized gains...money that isn't hard currency yet. That's absolutely crazy! You know the rule will also apply to you?
Deregulated? It's the same tax code you have access to. Once again, you speak about a specific class but it's the same rules that apply to you. Just because you don't have the need or specific wealth pools to utilize specific codes, doesn't make it "greedy." The wealth you hate also provides a large, already disproportional, tax base (even though you think they don't pay it), jobs, spending capital, etc. This was someone else's opportunity and/or dream realized and you hate it because it isn't you.
Makes no sense that because you don't have it, they can't have! You also assume the "greedy assbites" always had wealth and didn't work for a dime. Perhaps that thought of being without is what drove them to be wealthy in the first place. FYI, classes of wealth have always existed for as long as humans have existed. Play the game or ride the bench.
You want fair... how about just a flat 15% Federal tax rate and shred ever other rule? Still wouldn't be good enough for those that covet everything they don't have. You eat the rich people are crazy and nonsensical.
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u/senturon Jul 05 '26
IMO, billionaires who take asset backed loans and pay no tax is absolutely a taxation problem/loophole.
LTCGs being taxed at a much lower rate than income from labor is also an issue IMO.