this post was submitted on 29 Mar 2025
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[–] [email protected] 46 points 6 days ago (1 children)

They don’t want a faster bureaucracy, or more efficient government. The goal in cutting funding for public services is to decrease the quality of services so that they can then trick people into supporting private companies in being awarded the contracts to provide those services (cut costs in the short-term so that they can justify higher costs later).

The goal is to DESTROY government and REPLACE it with profit-driven private interests. Capitalists are the enemy.

[–] [email protected] 18 points 6 days ago (1 children)
[–] [email protected] 8 points 6 days ago (1 children)

I appreciate your response and that you also did the legwork to include the citable quote that I was negligent to omit.

[–] [email protected] 9 points 6 days ago

Glad to help. You are sounding the alarm, but not in a way that people will listen.

Just like project25 these guys have already told everyone exactly what they are going to do. And it will happen quickly.

[–] [email protected] 6 points 6 days ago

Access to the domestic American market is what made most of these guys billionaires in the first place.

But the laws don't require them to return the favor.

A sensible solution would be to find a way to make the loopholes more expensive than returning some of those spoils in the form of some kind of tax.

Ideally that tax would create a positive feedback loop such as free higher education or other benefits to humanity that would continue to make the USA a better place to live and survive.

If the tax is too high or is used in a way that seems frivolous to the rich they will fight it so hard that it could never succeed.

[–] [email protected] 3 points 6 days ago (1 children)
[–] [email protected] 5 points 6 days ago

Narrator: They did not, in fact, create jobs.

[–] [email protected] -1 points 6 days ago

Boomers: 1965 - that was like 30 years ago. Not taxing the rich isn't "new".

Gen Z: Well, ya, Washington had to tax them that much to pay off the debt from the revolutionary war. That was in 1976, right?

[–] [email protected] 131 points 1 week ago (2 children)

Taxing the rich built the strongest most wealthy nation in the world that landed a man on the moon.

Ever since then, the greatest thing they've done is manipulate number charts to convince everyone that they shouldn't tax the rich.

[–] [email protected] 5 points 5 days ago (1 children)

Twelve men on the moon. We did it six times, out of seven attempts.

[–] [email protected] 1 points 4 days ago (1 children)
[–] [email protected] 1 points 3 days ago

Leaves everybody else jockeying for seventh place.

[–] [email protected] 22 points 1 week ago (2 children)

But then they've have to find something else to do with that money. In the old days, they just kept reinvesting it in the company's reputation and their employees. They wanted that same company to pay out them and their family for a hundred years.

Is that really what we want to encourage?

[–] [email protected] 14 points 1 week ago

I get what you’re saying but yes, I think that’s what we want. When a company pays its employees a good salary the employee will stay for a couple of years. When a company pays its employees a great salary ($50-80k+ more than the avg in that area) it encourages employees to stay and work for that same company. You’re getting paid well, you have healthcare, if the company has good benefits(stock, pensions, long term investments), why leave?

Employees will be happier, product quality will increase, and the company is supplying the community in that area with more money and local taxes. We saw that in the 40’s, 50’s and then yea kinda down hill from there.

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[–] [email protected] 62 points 1 week ago (3 children)

To answer your question, it's not.

The Republicans, as proxies for the 1% and Evangelicals, have been trying to break the Federal government at least since Reagan, if not longer.

[–] [email protected] 27 points 1 week ago (3 children)

They've been trying to break the federal government since before the nation was founded. These are the descendents of the same people that wanted to count "non-humans" like slaves towards their population but without giving those slaves the same rights as them.

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[–] [email protected] 47 points 1 week ago (12 children)

Imagine life was a game. You lived for 2025 years. You worked 260 days / year. You made the median US salary.

You would need to relive that process 3,145 times to match an Oligarch.

That amount of wealth is unethical while humanity suffers. No one can really fathom “1b dollars.”

[–] [email protected] 10 points 1 week ago* (last edited 1 week ago)

Who has 105 days off in a year‽

EDIT I forgot weekends, man it's time to sleep.

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[–] [email protected] 45 points 1 week ago* (last edited 1 week ago) (2 children)

I wrote this on a similar post a day or two ago, so I’ll repost it here:

There were very few people this applied to.

The real reason is the corporate tax rate.

It was 52%. Today it’s 21%., and it’s effectively close to zero for many corporations with the tax loopholes used to avoid taxation. Shell corporations, deferring taxes, what have you.

So the US has lost more than 50% of the corporate taxes by % since the ‘50s.

E: the decline in tax % is pretty closely followed by the dramatic rise in CEO compensation. The wealth being funneled to the top by cutting corporate tax got us the billionaire oligarchs we’re dealing with today.

[–] [email protected] -2 points 6 days ago

The top-tier tax bracket motivated businesses to increase their spending. When the IRS is going to take 91% of any additional profits you are going to make, it is better for you to spend that money on tax-deductible "business expenses" than to keep those excess profits.

Those "business expenses" are someone else's paycheck, so even if they were bullshit, they were a benefit to society.

Now, they just take those profits, invest them, and expect the economy to return more money to them than they put in. They converted that money from someone's paycheck into a debt owed back to them.

[–] [email protected] 19 points 1 week ago* (last edited 1 week ago) (1 children)

Your comment is a bit misleading. Part of the point of why we need to raise the top marginal tax rate to 100% above $250,000 is because the accumulation of wealth is itself a threat to liberty and democracy. The New Deal was designed to save capitalism—the grand irony being that capitalists are so greedy they can’t even live with less in order to simply exist.

So yes, we need to raise all sorts of tax rates to previous levels and even higher when possible, no question. We just need to understand that these are guardrails on the way to socialism in order to have real freedom and democracy after capitalism is fully abolished.

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[–] [email protected] 32 points 1 week ago (1 children)

The funny thing is the path to MAGA is taxing the rich, but the dummies are doing the opposite.

[–] [email protected] 45 points 1 week ago (1 children)

“Make America Great Again” was also Reagan’s campaign slogan:

It’s always been the calling card for letting the rich get richer and accumulate more power.

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[–] [email protected] 21 points 1 week ago* (last edited 1 week ago) (8 children)

What would be REALLY new is if people understood how little the top income tax rates matter because almost nobody pays them. Income tax rates only apply to salaries. Wealthy people get almost all their income from capital gains - i.e. buying and selling stocks and other investment items. Capital gains tax has always been much lower than income tax, currently I think 10-15% depending on how long the item is held before being sold. Raising top income tax rates back above 90% would not "tax the rich" or provide enough tax money to take any burden off the rest of us. It's a silly PR slogan.

To ACTUALLY tax the rich we need to increase capital gains taxes. Or create new wealth taxes. Or even a ceiling on individual wealth. That last one would have the greatest effect, by limiting how much money any one person has available to influence politics - which really seems like the root of the whole problem. Secondly, abolish Citizens United, the congressional act that made corporations "people", to stop corporate wealth from buying politicians.

The difficulty is how to get anything like this past the people whose power it would eliminate. A good first step tho would be whenever you feel like you understand something because of some meme you saw, remind yourself that you don't, and then stop scrolling and do some real reading on the subject.

[–] [email protected] 2 points 6 days ago

Oh, not to worry. I'm not satisfied with taking a couple percent of them anymore. I have become way too radicalized by these leeches turning everything to shit. I won't be sated without eating the rich at this point. They could willingly give up their wealth and I'd still call for blood for the harm they have caused.

[–] [email protected] 0 points 6 days ago (1 children)

Quick question:

how much money would be worth if every person on earth ceased to exist?

[–] [email protected] 1 points 6 days ago* (last edited 6 days ago)

Quick answer:

That would be a stupid idea with no value.

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[–] [email protected] 17 points 1 week ago

IRS expects DOGE cost the country half a trillion dollars so far. Bankruptcy is the point.

[–] [email protected] 17 points 1 week ago (1 children)

It would already help if they would actually pay those 37%. But with the tax avoidance they can afford to get, they usually pay nothing at all.

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[–] [email protected] 10 points 1 week ago (1 children)

What's absolutely crazy to me, the 50's were some of the best times economically in this country, every time we tax the rich less the country goes further to shit. More so when these non taxed assholes spend their non taxed wealth on corrupting politicians to tax them even less.

[–] [email protected] 2 points 6 days ago

The rich have simply become too powerful and they will never just give up that power willingly.

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