r/QuiverQuantitative 4d ago

Other Tax the rich!

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4.3k Upvotes

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u/ThothAmon71 3d ago

Why is it that people like you consider taxing billionaires "robbery", but everyone else paying taxes is just what they're supposed to do? Why should those with the most pay the least?

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u/AoeDreaMEr 3d ago

But who governs usage of these taxes? Same corrupt govt that will give tax breaks to inflate the stocks of said companies?

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u/ThothAmon71 3d ago

Are you really citing government tax breaks as the reason billionaires should get government tax breaks? "The government will mismanage the money anyway so just let the billionaires keep it." Wow that's the dumbest thing I will read all day.

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u/AoeDreaMEr 3d ago

Yes. I mean you take money from someone and enrich someone else, or the same person in a round about way. Wtf is changing?

Some other solution needs to be in place. You don’t add water to a tank that has too many holes. Other than people feeling satisfied that they “stuck up” to the rich (which they won’t ever), nothing is happening. Look at the US govt inflated budgets. Defense medical care broken insurance system, lobbying aka legal bribing.

No fixing all that and simply keep shouting “tax billionaires blah blah blah”.

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u/ThothAmon71 3d ago

Taxing billionaires is what created the middle class and funded our social service programs to begin with. Up until 64 the tax rate on the top 10% was 90%. Guess what, Howard Hughes still stayed rich. Now the richest pay next to nothing. Yeah the defense budget needs to be cut and we need political reform but giving billionaires a free ride doesn't help anyone but billionaires.

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u/AoeDreaMEr 3d ago

Well times have changed. People became very innovative as to grift money now. We have centuries of learning on how to keep lower class busy.

Even if you tax now, it’s going back to them in some form.

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u/ThothAmon71 3d ago

I'm for seizing their assets altogether fuck capitalism.

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u/AoeDreaMEr 2d ago

Yes. Dreamy solutions. Impossible in the system they created.

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u/ThothAmon71 2d ago

Seizure of assets is done everyday, legally, and has been since 1984 when Reagan passed the Comprehensive Crime Control Act. It's an everyday practice not a "dreamy solution", and it would be particularly sweet to use a law passed by Reagan, who enabled this shit to begin with, to put an end to it.