the most dangerous thing about left wing normalization of a 70, 80, 90 percent wealth tax is the story it binds to the american psyche — you will never be rich.
Näytä tämä ketju
no sane person entertains a 90 percent wealth tax if they believe it will one day touch them. so for the left to convince us these taxes are necessary, they must also convince us we will never be wealthy. the problem: such truth is effective. what you believe is what you become.
-
-
class mobility is already difficult. my mother ran away from the projects at 16 with *nothing* but the belief, enshrined in our american story — the american dream — that if she worked hard she would rise. and she did.
Näytä tämä ketju -
without the belief that one is master of her own life, the wealthy mostly just become annoying to talk to — trust fund babies forever apologizing for their meaningless existence. but the poor are doomed.
Näytä tämä ketju -
the american dream must be fought for. it must be argued, expanded, amplified. but first, we must acknowledge it’s under attack. i’m here to tell you: it’s under attack.
Näytä tämä ketju
Keskustelun loppu
Uusi keskustelu -
-
-
if I've got enough to hit that 70% threshold I'd be doing pretty damn well... assume it doesn't kick in until (say) $5m income (and remember, it only impacts the earnings above $5m) I imagine I'd not be struggling.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
-
-
-
is it so insane really? If you have $1B and your facing a 90% tax rate on the next $1B you make, are you really like "whooooaa insanity" or are you like, eh, another $100m ok so thats fine.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
-
-
-
Hm. What makes you say this? It is merely a tax over certain income, and it is also merely 70%. I do think I would eventually be that rich, and I would agree - to 70 at least. Also, extrapolating as you do to 90 in a heated topic tends to be perceived in bad faith.
-
To expand on that a little, I do not support taxes as a form of punishment and do not like them being seen that way or where that comes from. I simply think they are an effective way of achieving the things I want for society, perhaps surprisingly effective for all of us.
Keskustelun loppu
Uusi keskustelu -
-
-
Startup founder here - definitionally I expect to be very rich in ~10 years as a side effect of building seriously awesome shit. I’d be on board with 90% above $10mm in income, and bumping capital gains to like 40%. Wealth should decay. It’s power that must be continually earned.
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
-
Lataaminen näyttää kestävän hetken.
Twitter saattaa olla ruuhkautunut tai ongelma on muuten hetkellinen. Yritä uudelleen tai käy Twitterin tilasivulla saadaksesi lisätietoja.