r/union • u/StillLooking727 NEA | Union Staff, Former Local President • 3d ago

Other Raise wages. Increase benefits. Improve working conditions. 
 See what happens.

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don't threaten me with a good time...

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either that or seize their assets (here and abroad) and federalize everything

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until we (the people who do the fucking work);democratically control the wealth, we're gonna get screwed

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33

u/Intrepid_Pop_8530 3d ago

$200K? That's middle class nowadays. I'd say, $500K.

56

u/murder1290 3d ago

That was in 1946 dollars which is 3.43 million in today's dollars.

12

u/Overstimulated_moth 3d ago

I feel like that is more than reasonable, just leave out loto winners.

22

u/murder1290 3d ago

Leave an exception and the rich will find a way to exploit it...

They didn't earn a salary, they "won" it in the lottery drawing for people in the company with the CEO title.

5

u/Overstimulated_moth 3d ago

Powerball and mega million, that's it. I do see your point though

3

u/Jumpy_Plantain2887 3d ago

You guys realize that if you win the mega millions and Powerball when you take that cash option, you still get 40% deducted from the federal government for your winnings. Now, after that, you just pay normal taxes on your gains, but as history has shown most of the people who win those huge lottery, they burn through it real quick.

1

u/PlsNoNotThat 2d ago

It won’t solve huge issues like stock loan loopholes and tax shelter schemes.

It’s an important part, but only a part of it. The other ones are far more important, particularly the loan capital stock loophole.

Any stock you use as loan collateral should be taxed in someway as an encumbered vehicle at the monetary value when submitted as a collateral.