5 ms·

If everyone that wealthy was left with 150k, there would be no businesses, and no jobs. We'd go from a mostly employed country to a mostly unemployed country an

If everyone that wealthy was left with 150k, there would be no businesses, and no jobs. We'd go from a mostly employed country to a mostly unemployed country and the governing class would become the 1% overnight and the previous 1% would be part of the 99% instantly.

hungie 2y ago
That's a heck of an assertion! Can you walk me through it?
- coding123 2y ago
  It's communism. You should keep your 600k. No government is going to spend it better than you. They're going to erase it, it will go directly to military generals and their projects.
  - hungie 2y ago
    There's lots and lots and lots of kinds of communism. It's actually more socialism (which there are also lots of types of) than communism to advocate for raising taxes like this.
  - consteval 2y ago
    It's not communism, nobody actually knows what communism is. Working in the private sector, earning a salary, and then giving some of your salary to the government in exchange for some services is not communism. Communism is more radical than that, meaning cut out the middle man - no private sector at all. The government, or more accurately the people, own the economy collectively. Or that's the idea, implementation varies especially when you sprinkle in dictatorship.
andreilys 2y ago
Everyone would be employed by a Uniparty government. A fantastic system, just ask the Soviet Union.
- hungie 2y ago
  FWIW, fuck the Soviet Union. Single party, authoritarian communism kills people.
thesuavefactor 2y ago
That's not what OP says. You're talking about an absolute $150k, that is communism (everyone gets paid the same amount). He's talking about a fair percentage of taxes, paid by everyone, regardless of their income. This way, people that are left with little can be helped, and people that are left with a lot can still enjoy their wealth. I think 50% is fine, but taxes should be fair, no taxing already taxed goods or assets, and the ultra rich should not have ways to avoid paying their share like they do now.

hungie 2y ago

That's a heck of an assertion! Can you walk me through it?

coding123 2y ago
It's communism. You should keep your 600k. No government is going to spend it better than you. They're going to erase it, it will go directly to military generals and their projects.
- hungie 2y ago
  There's lots and lots and lots of kinds of communism. It's actually more socialism (which there are also lots of types of) than communism to advocate for raising taxes like this.
- consteval 2y ago
  It's not communism, nobody actually knows what communism is. Working in the private sector, earning a salary, and then giving some of your salary to the government in exchange for some services is not communism. Communism is more radical than that, meaning cut out the middle man - no private sector at all. The government, or more accurately the people, own the economy collectively. Or that's the idea, implementation varies especially when you sprinkle in dictatorship.

andreilys 2y ago

Everyone would be employed by a Uniparty government. A fantastic system, just ask the Soviet Union.

hungie 2y ago
FWIW, fuck the Soviet Union. Single party, authoritarian communism kills people.

thesuavefactor 2y ago

That's not what OP says. You're talking about an absolute $150k, that is communism (everyone gets paid the same amount). He's talking about a fair percentage of taxes, paid by everyone, regardless of their income. This way, people that are left with little can be helped, and people that are left with a lot can still enjoy their wealth. I think 50% is fine, but taxes should be fair, no taxing already taxed goods or assets, and the ultra rich should not have ways to avoid paying their share like they do now.