• angband@lemmy.world
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    17 hours ago

    Just remember that we could all have our social security if the top 1% paid a fractionof the taxes they used to.

    • hector@lemmy.today
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      15 hours ago

      Remember if they hadn’t understated the inflation rate several times since the 70s social security checks would be enough to retire comfortably on, as jobs used to be enough to live comfortably on. Well over double by the old unimproved formula, that averaged 5-8 percent just by 2008, while the new formula returned 2-3%.

    • ObjectivityIncarnate@lemmy.world
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      10 hours ago

      if the top 1% paid a fractionof the taxes they used to.

      Could you give an example of a year in which the top 1% paid enough taxes to satisfy this condition?

      • angband@lemmy.world
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        8 hours ago

        To support around a 1% shortfall in fica, fica is about .5% of all income (feel free to fact check, I guessed a bit), 1950 fits the bill for their actual paid percentage of 41% vs their statutory 89%.

        Edit: it’d be interesting to know how much of a fica shortfall 4% taxes on the 1% would cover. Somewhere in the range of 50-150% is my guess. Seems more than the projected shortfalls. Now, if they got taxed at 91% for real, noone else would have to pay [much] income tax, and they could raise fica on the rest of us without objection.

  • Emmet@midwest.social
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    15 hours ago

    Pinkerton mindset. These people are enemies to their fellow workers.

    (Elon can get fucked as a matter of course/for being a capitalist shithead)

    • hector@lemmy.today
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      15 hours ago

      I am pretty sure Elon has severe mental challenges. He’s a lot dumber than people give him credit for, and the doge was him being a figurehead for thiel and yarvin and their faction.

      • MNByChoice@midwest.social
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        12 hours ago

        He does a lot of drugs. People complain about the poor doing drugs, but the rich and ultra rich do them too.

        But like, Elon does a LOT of drugs.

        • 4am@lemmy.zip
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          11 hours ago

          Honestly we need to stop demonizing drugs the way we do.

          Yeah you shouldn’t dose and drive. Yeah if you become an addict you should have free help. There should be clean, pure manufactured substances. You should have to take a safety class and have a license. It should be taxed. You should be protected against your employer unless you are high on the clock, or do a job that holds many people’s fate in their hands (pilots, etc).

          Right now it’s just something for the cops to plant to manufacture consent for otherwise illegal searches, or it’s a way to try and exterminate the bottom 10% through adulterated black market substances and untreated addiction.

          We are absolutely cruel about drug use, even most “woke leftists”.

          EDIT: I got soap boxy and I almost forgot to add “Ayo fuck Elon though”. That motherfucker probably set ketamine research back 2 decades

    • Asafum@lemmy.world
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      17 hours ago

      Probably something like they’re Hard Workers™©® who have to not pay taxes that feed the “lazy parasite poors”

      It also means: I’m letting you know that I’m an awful piece of shit.

    • BradleyUffner@lemmy.world
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      12 hours ago

      He’s whining about having to pay a tiny fraction of a fraction of his wealth to support “the poors”.

    • reallykindasorta@slrpnk.net
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      15 hours ago

      It’s hard for the top 1% to feel good about themselves on account of their clear status as society’s leaches (except they’re not vital parts of the ecosystem like real leeches are).

      In order to get around these Hard Feelings they have to step into a fantasy narrative where they aren’t necessarily bad, certainly not harmful, maybe it’s the rest of the world that’s bad come to think of it, maybe they really did earn this, finders keepers right? Who says there is any objective reality to right and wrong? It’s all optics right? Why should the golden rule apply to everyone?!

    • hector@lemmy.today
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      13 hours ago

      Ayn Rand wrote those books on a meth binge. She went broke later in life and would’ve been destitute if not for her social security and medicare.

  • etherphon@midwest.social
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    17 hours ago

    Those people have zero power politically or economically so I have no idea how they are holding anything back, by definition, conservatism is what is holding us back. I suppose all of that, though, depends on what your vision of the future looks like. I want a vibrant, lively, celebratory, affirming, prosperous future for every human being. Idk how that is somehow controversial today but here we are.

  • abbadon420@sh.itjust.works
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    16 hours ago

    Today I learned that the USA used to have a 91% cap on income tax and 71% on property tax. That was in the 50’s, under Eisenhower.

  • lennee@lemmy.world
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    14 hours ago

    i will open a bottle of champagne whenever elon bites the dust. Im glad all his wealth will mean nothing in the end.