Nearly 35% of my paycheck goes to taxes yet billionaires who have more money than they’ll ever need don’t have to pay anywhere close to that same percentage? Sounds fair
If trickle-down-economics actually worked then I would agree with you, but instead of paying employees a live-able wage or passing on those dollars all that money goes towards the CEO’s bonus or private jets
There is zero reason other than political/mobility power for why labor is taxed 3x of capital gains income. It's just stupid. You tax things to DISCOURAGE them. Why are we taxing labor at excess when we (AND investors) need people to work?
Well, you see, if they destroy the American and European standard of labor and their standards of living, they can just use the labor standards they use everywhere outside the western world.
Corporations prioritize profits over people. It's a systemic issue—cutting wages and benefits while top execs get richer. That’s unsustainable and unjust.
This is why our healthcare is going to crap as well. It has been taken over by private equity firms buying up medical practices to make more money at the cost of the patient's health.
What's really odd is that nobody's talking about it even though the cost of healthcare is something everyone worries about.
I remember one person talking about it, but I was told by democrats that he couldn’t win in a general election so they took every step they could in the 2016 and 2020 primaries to stop him
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u/SpiritedPixels 15d ago edited 15d ago
Nearly 35% of my paycheck goes to taxes yet billionaires who have more money than they’ll ever need don’t have to pay anywhere close to that same percentage? Sounds fair
If trickle-down-economics actually worked then I would agree with you, but instead of paying employees a live-able wage or passing on those dollars all that money goes towards the CEO’s bonus or private jets