money is a lie, it has no value.
this post was submitted on 15 Jan 2024
1608 points (97.8% liked)
Political Memes
8918 readers
2565 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
A 70% tax rate is insane. All that will do is incentivize taking money out of the country or cheating and lying and hiding all that money (even worse than now) I think a reasonable rate is around 20% or 30% and taxes should be structured where the people who make the least pay the least
It's not "insane" it's lerfectly feasable. It used to be at 63%:
https://taxfoundation.org/data/all/federal/historical-income-tax-rates-brackets/
In fact it was changed from 25% to 63% in 1932
Unfortunately even if they tax wealthy people, they money will go to the defense budget or to Isreal
Or to the friends, family, or donors of the politicians. I have no idea why you're getting down voted. The only thing I can think of is that people seem to be under the impression that taxing the rich will put more money into their own pockets, which definitely won't happen. The government is too corrupt to allow that to happen. Taxing the rich is a good thing, but it won't help the rest of us, not with the way the government has been run for multiple decades.
The truth hurts I guess.