@iam_biglad1 So every billionaire leaves the US, along with their companies, leaving us with significantly less tax base? Yeah, really great idea.... 🤦♂️
@omgsidewalks Section 8 housing, SNAP food benefits, Medicaid. Nobody is going without these things, stop lying.
Greed is good and necessary. It allows people to take risks. It forces bad businesses to fail bc they're not profitable, forcing our limited resources to their most efficient use.
@academic_la I believe the Germans blamed the Jews for all their financial problems 100 years ago. Gotta have a target to rally the masses around and blame the inequality on. But I'm sure this time class warfare will turn out better.
@DashDobrofsky Can you list those $38bn in subsidies? Remember, government contracts where the gov pays for a service are not subsidies as contract work. I'll wait.
@iam_biglad1 Beyond it being illegal and immoral to steal people's assets, the concern is also for crashing the economy and stock market, along with tens of millions of people's retirement accounts.
@MichaelSLinden Your argument is only true for payroll tax with the income limits. Otherwise, their effective tax rate on income is always going to be higher. Nowhere is the upper income folk's effective tax rates less, it's only when you factor in that cap on SS for that one piece.
@SteveLevin16@KellyScaletta You're the one arguing lower taxes and keeping more of what you make is making it harder to live lol. You're also suggesting large c-corps shouldn't pay dividends, which is also odd. Only people defending bad takes get this defensive. 😂 Quit arguing with a CPA and entrepreneur.
@omgsidewalks Why the victim mindset all the time? You have the freedom to make your own destiny if you are willing to put in the work and effort. Rather than say the system is rigged and expect free stuff for existing.
@RoKhanna Investors would suffer and nobody would invest in those companies and the stock prices would plummet. Why care about the investors? Because that's most of Americans who own 401k's. How about people get paid based on the value they bring and companies maximize shareholder value.
@4TaxFairness Notice how stocks/profits rise and also cost of living rise? Maybe EVERYTHING is rising and not cause/effect? Inflation is a runaway train when you have as much debt as we have. NO policy is going to stop this, everything across the board will continue to go up.
@RGranger83313@ewarren The avg person will receive 30%-80% more in benefits than they paid in. There's a reason the program is in critical insolvency and the national debt is what it is. If the average person received what they paid in and it was 1:1 then we'd be just fine. Individual cases may vary.
@redsnoopy69 You act as if there's a limit on societal wealth. It's not a single pie that they are hoarding and stopping others from getting a slice. They are creating new pies.
If I grow corn in my backyard, it doesn't mean there's less corn to go around or I'm stopping you from growing.
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