I FUCKING HATE RICH PEOPLE

we've already done this one today

>a lot of billionaires and millionaires are leftists

Not if AOC has her way. They are full of shit.

Tax is the antidote for socialism.

>if you won't have to pay a tax, you should be in favor of it

Democracy is trash, it promotes this mindset

We should pay our national debt with increasing tax thresholds like 40% for a million and up.
41% for 10 million and up and so on.

Not just a straight 70% on 10 million and up. That's crazy.

The only people who make "incomes" over 10 million dollars are athletes and movie stars. CEOs and business owners don't pay income tax because they funnel their compensation through stocks, bonds and other "investments" that are only taxed at 15%. This is all a giant circlejerk to keep us fighting without actually discussing anything while we should be building guillotines and gas chambers.

>Not if AOC has her way. They are full of shit.
sure they dont like high taxes but they are still social liberal which is far worst

>i should hate the rich because they are rich
Poor people are literally so Goddamn stupid

>rich people have income to report
this is a somewhat accurate criticism, but all you're really saying is "we need to tax the fuck out of capital gains too because that's where the rich really need to get taxed"

It's hard to tell if Ocasio-Cortez is just an idiot who thinks capitali--... pardon, the "super-rich" pay income taxes, or if this is just a dog-and-pony show.

what if you make 9,999,999?

How about a cumulative wealth tax on assets you fucking kike

>he doesn't know what a tiered tax is

>Why don't lefties ever start a business, pay themselves extortionate salaries then tax themselves at 70%?

for the same reason lefties don't build their own roads, fund their own police force, or fund their own standing army. taxation only works as a society-wide mechanism. everyone pays in, everyone gets something back, and everyone contributes to building a stronger framework for society.

if you honestly believe this (which I doubt you do) then why don't you ask the right to pay for their own wall, pay for their own ICE, pay for their own tax cuts, etc. why should the left have to pay into policies they don't like when the right should be able to fund it themselves?

>Look, raping women only applies to women. Are you women? If not, you should support raping women.

They'll just hide the money like always

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>Not just a straight 70% on 10 million and up. That's crazy.
CRAZY? if you actually think this, then you're unaware of historical marginal tax rates in this country

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The slippery slope is not a fallacy. In USSR it started the same way.
>fuck the evil monarchy they live off our work
>fuck the evil rich bourgeois they live off our
>fuck the evil capitalist they live off our work
>fuck peasants who have hired hands, they are exploiting the other peasant!
>fuck all the peasants, how dare they not give everything they produce to the glorious socialist state
>half of the country are prisoners
I remember in an interview that kike Bernie was asked if taxing the 1% will be enought, and then he said that uh maybe it will be required to tax to 20%. It's always the same shit, first tax the 1% then 20, the 50% then just fuck everyone up.

>Get taxed at 94%
or
>Move money to ireland/various shitholes
>Pay 30% fee to US govt.
>Pay less than 10% tax
>Less than 40% total after deductions
>Only new money actually gets taxed.
Fuck liberals, they destroy our economy. They push for globalization without realizing that people will bank globally as well.

nobody gets a W2 with anything near 10 million in box 1,3 and 5. This tax will apply to nobody and makes the Democrats look good in the eyes of their base without pissing off their Jew overlords.

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do you guys seriously dont understand why this is a good thing?
70% of 10m is still 3m left, more than 95% of americans earn.
You have to be fucking egoistic as fuck to just ignore this fact.

>Fuck liberals, they destroy our economy.
imagine actually believing this in 2019

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In theory the rich would still be rich. I dont see why people get so butthurt. Unless this thread is full of the 1%, literally no one would be effected negatively by this.

And before the taxation is theft chorus sounds, let's not pretend like there are any ethics in business. Jews would be hit by this disproportionately, win/win.

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And if I do make more than $10 million I shouldn't support it because it's BS.

>t. someone who doesn't know how the economy works
The economy does better under democrats because they spend more money. When the government spends money it is good for the economy since it creates jobs. But it is unsustainable.
>Why did the economy boom during WWII?
Because the government was spending an unsustainable amount of money, anyone who wanted a job could get one. They borrowed and didn't give a fuck. America was unified.
>Why did the economy improve after 9/11?
Because we were spending trillions on the Iraq war and Americans were unified.
Holy shit, pick up a basic economics handbook, this shit is day one.

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you know it only starts at $10M/year right?
The 'fuck the rich' people are never going to be satisfied. If it's ever implemented, expect taxes for the middle class to go to 70% in two decades. Rich is always relative

>rich people just move country to a new tax haven
Now what

whats the context of this image

tax the middle class to make up for the loss

As soon as you tax people this high they'll just send their money off shore

Punish them for tax evasion.

Truck filled with pig guts made an abrupt stop and spilled it's shit all over the street

>I dont see why people get so butthurt. Unless this thread is full of the 1%, literally no one would be effected negatively by this.
it's the effect of right wing media disinformation. these people are fully willing to consume all the talking points at face value without ever thinking about what it means to them personally.

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>Look. This isn't complicated.
>The Gas Chambers only apply to Jews
>Are you a Jew?
>If not, you should support the Final Solution

>What has worked in the 70s (Cold war, China and India being third world countries) will totally work in 2019

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Still left with 3 million a year. How unfair!

The right don't really help themselves about paying their fair share.

But no matter how much the left slap a tax on people, they'll always find new and inventive ways to spend more and more on things nobody wants or needs.

It's not their money so who cares? Nearly all of my left leaning friends and acquaintances are always short of money or spend recklessly. Especially if they didn't have to work for it.

I had so many analogies in my head that would show just how ridiculous that argument is, that I don't even know which one to use and so I'll just leave this comment

either you're not even attempting to be intellectually honest, or you're not good at reading numbers

That's a loaded question.
>When you tax the rich 70% so they all leave your country therefore creating a Venezuelan situation

really this tax should be lowered to 70k and be raised to 80% for people in bullshit low productivity jobs like silicon valley and seatle

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>TAX THEM TO DEATH
or put them to death
and redistribute the wealth

>Look. This isn't complicated.

We only put jews to camps.

Are you a jew?

If not, you should support our actions.

>they'll always find new and inventive ways to spend more and more on things nobody wants or needs.
like universal healthcare, like all other first world nations? like attacking climate change, which affects the habitability of our one and only planet? like higher education and jobs programs, which maintain and grow the middle class? do you consider these initiatives as things "nobody wants or needs"? because polling show a MAJORITY of americans support these

>Nearly all of my left leaning friends and acquaintances are always short of money
surely you know what anecdotal evidence is and why it isn't valid data

>When the government spends money it is good for the economy since it creates jobs.
Except that money comes from the private sector, where it would have also created jobs. Shifting the spending to the gov't is almost certain to create inefficiencies, since the gov't won't spend the money as judiciously as the private sector.

i hate this image.

>still leaving them millionaires
>this kills the millionaire

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>It doesn't affect me; so who cares?
That's the logic I apply to third worlders and nonwhites in general.

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>being so brainwashed that instead of fighting for smaller government and lower taxes for all, you want to argue over which of us gets raped even harder

The government is a corrupt, bloated monstrosity. There is waste in every single sector, and it's only getting worse.

>hey you are poor so you must want to tax the rich
just like how if I'm black I must vote dem, right?

If I wouldn't do this to myself, it would be hypocritical to do it to anyone else.

Should someone who makes $10 million a year only be allowed to take $3 million home? Liberals will say yes, because $3 million is more than enough to live a life of luxury.

Should someone who makes $50,000 a year only be allowed to take $15,000 home? Liberals will say no, because they generally fall into lower tax brackets and the rich are privileged while they are not.

This is more so about Orwellian doublethink than it is about making anyone "pay their fair share." Communism will be the death of innovation and Western culture.

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ana is so fucking hot idk what you guys say

that pic has been my tf2 spray for a long time

Whoa it hurts athletes and movie stars? Amazing. Fuck those virtue signalling cucks. Tax them at 99%.

More like:

Slavery only benefits the plantation owners. Are you a plantation owner? Than you should support freedom.

Patrician taste.

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I'm OK with having a "a corrupt, bloated monstrosity" if that means making sure poor children can eat, sick people can get help, and police will respond if I call 911. I don't think you'll get an argument from anyone that the government couldn't be more efficient and effective with the money we give them, but I don't understand how you jump from that to "therefor the government shouldn't even exist".

Why not ask big companies to house and feed the low income, instead of taxing them and running it through the government?
Big companies can just mess with shell corporations and move fiscal wealth offshore to avoid tax.
Provided inspections are done to ensure healthy conditions, a business would figure out how to reduce costs associated as it impacts profits

You're seeing inflation. The dollar had more spending power back then.

The proposed 70% tax rate if for income above $10 million not the $10 million itself.
So they wouldn't go home with only $3 million

>Should someone who makes $10 million a year only be allowed to take $3 million home?
imagine having opinions on taxation when you don't even understand the very basics of how marginal taxation works

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>Not knowing what marginal means
Kys brainlet

Come to France then. And I take you place.

>Tax them at 99%.
welcome to the communist party, comrade!

I don't get it. So if someone made 200k in 1960, they had to give away 182k of it? What motivation would they possibly have to work so hard for less than 1/10th of what they earned?

I don't like eating frogs. no deal

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Nevermind, i learned about marginal tax rates just now. Still has the problem of not motivating anyone to earn past a certain extent, since all of their profits will essentially be eaten by taxes. They will just do what they did then and move overseas. Thanks liberals.

Retard socialists don't realize, if you tax the rich at some ridiculous rate, they leave. And, they take your job with them.

Do the math, why sit around while the government steals your money if you have the means to move? Poorfags who can't afford to move end up getting fucked.

Fuck off harrison

IT'S
MARGINAL
TAX
FOR
FUCKS
SAKES

Come on, you'll see how with an average 48% taxation rate you end up with no freedom, no security, bad education and collapsing healtcare

>I don't like eating frogs. no deal
It tastes like chiken, you don't like chiken?

Meat truk arrive

Imagine the smell

>tax the rich
>rich leave your country
>no rich left to tax
It's not rocket science.

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>Look. This isn't complicated.
>The Gas Chambers only apply to Jews
>Are you a Jew?
>If not, you should support the Final Solution

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I've always thought a good way to handle this is make extra tax optional, like brownie points.

Rich people have the leeway to give more, so you make it tiered. 10%, 20%. Make it public. Hollywood would shame each other into giving more to show how virtuous they are, and then use that money to cover programs for the poor.

Then we can redirect all that money to build the fucking wall.

see (and kys)

I went from making $10,000,000 to $9,999,999 a year. Thank goodness my tax rate dropped to 30%

You don't know what a marginal tax rate is.

Do you think anyone needs more than $10 million dollars to live? That seems like a good point where money becomes stupid abstract, where each additional dollar isn't correlated with actual labor compensation. You know what I could hire with $10 million? 1,000 employees being paid $100,000 a year. You think that they couldn't accomplish what that one person produces?

Getting back to the marginal tax rate though, the way it works is that every dollar BEYOND $10 million is taxed at 70%. That means if there were no tax except the 70% marginal tax rate, and one cunt made $10,000,000 and another made $10,000,001, then after taxes the first cunt would walk away with $10,000,000 and the second cunt would walk away with $10,000,000.30.

You get it? The tax only applies to every dollar made past $10 million. This marginal tax rate was at 70% in the 1970s and was as high as 91% under President Eisenhower.

Commies seriously see nothing wrong with the government confiscating nearly three quarters of someone's earnings if they're too successful. It has to be some sort of mental illness, not even memeing.

I am on friendlier terms with non whites than rich whites, something about their elitism just makes me wanna smash their skull

Just set up income into an llc and dont draw a salary into the top margin.

Jewish game. Its all an illusion to make the left look like they care about poor.

>The tax only applies to every dollar made past $10 million.
Friendly reminder that people making over $10 million will just LEAVE, meaning your tax drops to 0

> You know what I could hire with $10 million? 1,000 employees being paid $100,000 a year.

Lulz. You aren't very good at math are you.

And 100% tax for “misogynists.” What a fucking joke

God i fucking love how many absolute mouth breathing retards are memeing about losing 70% of their income because they literally have no fucking clue how taxes work.

Its actually amazing that people that are anarcho communists that subscribe to a stateless society understand it better than supposed free market capitalists.

That proposition will not work because the rich dodge taxes by not tying their income to their paid wages or salaries, but things like company bonuses and rewards. Theres no point making tax any higher if the main problem is a bunch of loopholes that rich use to dodge them altogether. Simply eliminate those loopholes, maybe a punitive higher tax for the rich working on companies that use tax havens and the rich won't be able to dodge the responsibilities everyone else has to pay.

>confiscating nearly three quarters of someone's earnings
See
You absolute dumbass. Trust me: from the quality of this post I can honestly say you will never have to worry about this tax rate. The only outlier being if you were lucky enough to be born into an obscenely wealthy family.

>tfw the Clintons will be taxed at 70%
is this what they wanted?

>libtards never heard of tax free havens like Cayman Islands and Luxemburg

you can't tax them if their money ain't located in US