Damn

Damn...

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toomuchonline.org/the-tax-that-turned-ronald-reagan-right/
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Are you trying to defend billionaires?

Fuck...... how will we ever recover?

Mind blown. I'm literally shook right now

fuck off

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Nigger jabber.
>woogie boogie, you’re making more than me, you should be punished for my inferiority.

Funny how leftist said "only billionaires will get a tax increase" now it is down to 250k.

Niggers are only useful because they can be used to direct hate to rich white men (the billionaires). Once we get our gibs, as whites, and productively use the gibs toward armaments and land, we can begin the deportation of all niggers back to israel.

The rich really should pay more, especially when a working slob like myself loses a lot to taxes when some rich, smug prick (Trump excluded - MAGA 2020) doesn't pay taxes at all and gets ahead.

toomuchonline.org/the-tax-that-turned-ronald-reagan-right/
So back in the day Ronald Reagan was an actor. After he made enough that any subsequent dollar would be taxed at the top rate, he'd just sit around and do nothing the rest of the year. He could have made more and contributed to the economy, but there was no point since he'd be basically working for free. This is the kind of disincentive. For a more modern example look at the TSA during the government shutdown. When they were being asked to work for free, many just called in sick, or did the bare minimum. When people are asked to work for free or for a much lower payment than they deem fair, they just don't work.

so much tax dollars are re-rooted to organizations that shouldn't have any money being sent to it.

If you tax the rich too much they will take their money and leave. Happens ever time it’s tried.

He's right, you know.

>yeah, imma go do a bunch of overtime and/or do these projects for big bonuses that puts me in a higher tax bracket when the government is going to take 2/3 of it for niggers and jews
Nah, I'm good.

I make 100k a year and still live in poverty because:

Taxed for 1/3
Rent for 1/4 (this gets you a 2 bedroom apartment downtown)
Living expenses are another 1/4

Fuck taxes, let the parasites starve. Their lives were failures, I don't need bucket crabs dragging me down to their level.

well, since obongo really fucked everything up and didn't help for shit, yea, people have to make that. but why wont you leftists faggots help the person at big lots? too much of a working class regular person for you?
fuck off

You can use that job at BigLots to put yourself through night school and get a 250 thousand dollar job if you're willing to sacrifice free time which spics like him are not, because just like his twitter handle implies their only aspirations in life are alcohol and food.

>250k
>Literal wage slaves
>"We have to tax these billionaires"
US is so fucked. They got to the point where earning 250k is now considered being extremely rich. That's 20k per month, or 2 k per child if you have 10. Not counting fucking utilities, insurance and emergencies.

i went from a law firm where i woulda made $1-2 million per year but had to work 100 hours a week for the rest of my life to an in house gig where i make $650k but work 40 hours a week. you're damn right that marginal tax rates affect the thinking in that sort of tradeoff.

Love how liberals talk about raising wages when importing hundreds of millions of low pay working shit skins

Lmao imagine being this hopeless

Big lots here in this run down midwest city is currently paying $17 an hour for new hires with 5 years work experience...

Literally this, I don't know how else anyone is supposed to interpret this

>Make millions of dollars
>Realize that you have millions of dollars, you can live anywhere
>Move away to somewhere you can keep your millions of dollars

I can tell you that high taxes made me move to another country. Luckily I'm a Eurofag and don't have to pay world wide income tax to my home country when I'm not there.
The way to avoid high taxes is not to earn less, it's to move away.

If the kike government did not squander so much on worthless niggers, corporate handout, and genocidal imperial jew supremacists that want me and my kind wiped from the Earth, I might actually agree with you. Too bad that isn't the case.

I'm not paying any more into a system that wants me broke, brainwashed, and dead.

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>theft is ok when I benefit from it

I love how they talk about teachers should be paid more and school should be free.

I love how they complain about student loan debt, but in 2009 they voted to make that debt never go away, not even in bankruptcy.

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To be fair, only about 6% of the population is making $100k+ -- and that % goes down the higher the amount, of course.

But, of course, the answer isn't to keep taxing people.

Love arrogant shitlibs who can barely contain their disdain for the common man. They’ve become slaves to Big Jew without even realizing it.

wtf i love flooding my country with useless vermin and paying for all their shit now

It's called no taxation without representation you annoying memekike.

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why would I work longer hours when those additional hours get taxed 50%++?

It's not a disincetive to earn more, it's a disincentive to take risks and work hard. You still have to be successful, which is also a risk.

Give the State and inch and they take a mile. If they actually enforced antitrust laws, closed foreign trade loopholes, and stopped corporate welfare and cronyism, "wealth inequality" would not be an issue.

The state is already failing it's fucking job. Don't give them any more concessions or prescient to take more money to fuck up even more.

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these retards realize that high pay is for hard work right? and if you are rewarded for being an invalid and punished for doing hard work then that means people will be invalids and not do hard work right?

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>ree people make more than me
>lets tax them to make them have the same income as my sorry ass
>tax money gets sqaundred and people stop wanting to be entrepreneurs
Who is John Galt

Big Lots payin $11?? SHIIIIIEEEET

how pathetically retarded do you have to be to only have 3.6 gpa?

This isnt about billionaires. $10 million a year is not that much money.

Why is it called middle class when you can barely raise a family on 100k AND pay for the roads??

Meanwhile a white or an asian with a 3.9 or 4.0 GPA (notice how captain illegal spick up there doesn't mention his major) in a real subject will now have to take gubament loans and go into massive debt so he can then be taxed 50 percent of his salary so we can continue the process or allowing 3.6 gpa 80 IQ illegal spick knuckledraggers to post about scholarships on kikebook. Liberals then masturbate to how progressive they are.

>I'm miserable so everyone else should be at my level

unless you live in a commie cesspit somewhere between 60-80k is comfort level income for a family of 3 with a mortgage. Id call anything above comfort level 'rich'.

-t. family of 3 with a mortgage.

stop commenting on american tax policies you fucking retarded leafs keep somehow envisioning that they effect you in any way.

tax rates that change in brackets as you make more definitely fucking make people not want higher paying jobs because they'll earn less.

maybe you're not in a non nigger family so you dont see this shit, but its bad.

with the change in demographics socialism is inevitable

The top 20 percent already pays all the income taxes. Tax revenue was 3.6 trillion last year or some shit like that. Niggers, liberals, socialists, kikes, faggots, and foreigners should all be sent to Africa.

how come he's not deported

I’ll say this. I decided I didn’t want to work 90 hours a week to make $200,000 a year if the gummint was just going to take half of it. Especially when an option was work 0 hours per week and make $40,000 almost tax free and everything I own is paid for. So think about that. From just ONE PERSON you have lost TWO full time equivalents from an underserved industry AND about $100,000 in taxes, PLUS ALL of my $40,000 per year comes from US Taxpayers. Multiply my situation by several thousand at least. Still think high taxes don’t hurt the economy?

The flattax system to me is the best system even by leftists standards if you think: the only way the goverment would be able to rise taxes would be by pissing ooff 100% of its voters instead of rising just to one or other bracket.

Rising taxes would be much more difficult, improving the life of everybody in the process.

and LESS than 1% make more than 350k annually

statistically likely not a single person commenting here does

>Proceeds to rack up thousands of dollars in debt because they think credit cards are free money and that paying back student debt goes away if you ignore it enough then kvetches and wants more after they realize it doesn't while voting socialist/democrat.
They literally have mandatory classes that teach you how to pay bills and handle taxes at local community colleges and these fucks still do this

No politician will ever vote for a flat tax or sales tax (instead of income). It puts too much power in the hands of consumers. If folks got pissed off at the gummint they would just trim back to real essentials.

Their argument is usually
>well high taxes on the rich don’t hurt you so why are you against them
But I’ve yet to see anyone tell me how higher taxes benefit me. The only public services I receive are roads and mail, I pay for the rest of that shit and I pay for packages anyway. I don’t want your shitty public services they’re slow and low-quality, I’ve seen medicare and medicaid, they both suck dick. Our roads suck, I pay a water and electricity bill already, and I don’t benefit from any welfare. I see no reason to support it.

Agreed.

>It's not a disincentive to earn more
Even worse. It's REWARDING the government for cronyism, wasting resources, and not doing it's fucking job. They don't close the border, they pay for non citizens food and board, and they want more money from the suckers that actually pay into the system. They allow enormous, anti-competitive banks to do as they please. They subsidize Amazon. They subsidize Exon Mobile. They bail out hedge funds. They subsidize General Motors. GM turns around and uses excess funds to buy back their stock, and fire 1,000 Ohio plant workers. The state basically funds the entire UN and NATO that wage wars that have nothing to do with national safety. They allow every other country to undermine our working class and manufacturing state. Honest to god. If it's a non-American citizen, or a failing corporation, it is in a better position than you or me.

Worse that just failing us. The government actually enables foreign interests and global corporations to steal every goddamn thing from America.

They take your money, and hand it over to your enemies and parasites, and then ask for more of your resources, call you a racist if you don't support jacking up taxes, and jail you if you do not pay. How about the corporate fucks or politician fucks get jailed or exiled to the wilderness if they fuck away my tax money and frivolous bullshit?

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Sigh..no one is defending them you are just attacking because you are jelly leftist faggot.

Conservatism Inc. badly backfired with the effort to lower wages via #mass immigration.
Sure the Waltons sell more toilet paper, and the slumlords stack the koreans and mexicans fifty deep in LA, Miami,NY, but now the poc hordes want the wealth they see..
Criminal betrayal by Republicans.

>Love how right wingers often stand up for things on principal instead of just grabbing whatever is most useful to them at any given moment.
>Why can't they be like us and loathe those who make more money than we do? It's so much easier to dehumanize them and strip them of their wealth because they make $250k a year.
>$250k! That's like, billionaire money right?

That’s because the Canadian dollar is closer to a Mexican Peso than a US dollar.

if you gonna fly, fly first class or not at all

Canada is more irrelevant than they appear on here

Only 37 million of them. In reality Canada is a tiny country. It seems huge because of “Mercator Projection” but even then most of it is inhabitable only by fucking Eskimos.

love left wingers explaining how very high income tax rates on the rich will increase tax revenues as if the rich are paid the same as their faggy salary asses

And sooner than later it will be down to 50k and all the basedbos will be sent to reeducation camps in the Nevada dessert

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Post of the year candidate

Yeah, the street level libshits can't into capital gains or REITs.

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Know plenty of people working 50 a week who want to work 60-70 but got bitten in the ass when that pushed them into a higher tax bracket.

Liberals are such worthless pieces of shit that no one gives them overtime. The idea of working longer doesn't even cross their mind.

>Tax is to high, instead of growing my company, I'm going to separate it in other two small ones

>tax policies and leftist ideologies don't affect me because I am Canadian
Good to know that I can stop paying attention to politics and let the world become communist because some Ameriburger thinks that Canada is immune to leftism.

Or just move it outside of the tax jurisdiction (on paper, at least) a.k.a. "corporate inversion"

t. Burger King

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>make 250k
>half of it goes directly to taxes
>need to provide for my wife who doesn't work
>need to provide for my children who also don't work
>need to provide for my parents and wife's parents as they are getting older and have issues
Damn, and here I was thinking being rich was great, it's almost as if being rich is the only way to get you things you could at one point in time have for pennies and here the leftists are to try and stop me.

The ones with the most to lose, at the first to leave while the leaving's good.

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I feel sorry for Leafs. Every major city in their entire country is in reality just a suburb to a larger US city. The entire country is a bedroom community.

You'd be making 18 an hour if it weren't for low wage Latinos and your acid addiction....

I already pay enough in taxes on my measly 72k a year. I couldn’t imagine having a larger chunk taken out, even if I earned 3x what I’m making now.

>pass massive wealth tax
>big lots moves production overseas
>have no $11/hr job

why do leftist asshats always frame the debate around nonexistent circumstances?

>please take note, this is a classic case of what we like to call "projection"

High taxes on the rich would be anti-semitic tho

Think of it this way - Are you happier to A) Get a free coffee, or B) Find out you bought a luxury car at double the market price.

>hey if we double tax for billionares they will leave and take their businesses elsewhere and then not only will they not give millions and millions in tax but also leave thousands unemployed, maybe drastically increasing the tax on them to 70% + isnt the best idea?
>UR A FKN NAZI, U THINK U'LL BE RICH LIKE THEM LMAO STOP BEING A KEK U DONT MAKE MILLIONS SO U SHOULD SUPPORT THIS!

I have employees who have turned down raises and promotions for fear of moving up a tax bracket and losing their govt benefits. Their careers plateau. It doesn't happen when you reach 250k. It happens at the switch from hourly to salary. From retail manager to district manager. Raises don't happen 100k at a time. they happen hundreds or a thousand dollars at a time. by taking a $500 raise you could loose thousands worth of food stamps.

I've seen it multiple times, first hand, and it's truly upsetting. People are absolutely disincentivized to earn more.

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>imma

This.

The liberals who don't get it aren't even fucking working.

This is absolutely true but only on the threshholds of wage tax brackets.
So at the bottom of tax brackets of course they take raises, but as they get close to the top of their threshold, it's often a huge loss to take the raise.
So like say for example it was 20% until 40k and at 41k it becomes 40%
so at 40k you earn 32k after tax and at 41k you earn 25k roughly which is HUGE
So a complete disaster unless you earn like 55k

no, they want to force people to sell their illiquid assets to pay the government, not realizing the consequences this would have for markets. some also want a wealth tax which means the IRS would have to be able to determine the value of assets that aren't even on the market
surely nothing could go wrong with these ideas, amirite?

Where can I make 11/hr at Big Lots? Commie land, where they tax me 3/4?