• angband@lemmy.world
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    1 month ago

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

    • ObjectivityIncarnate@lemmy.world
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      1 month 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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        1 month 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.

    • Railcar8095@lemmy.world
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      1 month ago

      So they support policies that will raise the economic conditions of the poor, so they are not creating issues, right? Riiiiiiiiiiiiiiiiiiight?

    • Asafum@lemmy.world
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      1 month 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.

    • reallykindasorta@slrpnk.net
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      1 month 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?!

    • BradleyUffner@lemmy.world
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      1 month ago

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

  • abbadon420@sh.itjust.works
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    1 month 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.

  • A_norny_mousse@feddit.org
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    1 month ago

    I guess he thinks The Don, who kicked him out of the club, is the bad 1%?
    Well, Muskrat being the world’s richest 12yo is nothing new.

    BTW:

    You say you’re self sufficient (but you don’t dig your own coal)

    I think that what you’re frightened of more than anything
    Is knowing you need workers more than they need you

  • TrackinDaKraken@lemmy.world
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    1 month ago

    First, you helped make the “thugs”.

    Second, you’re never going to be filthy rich. You’re among the “thugs”, as far as billionaires are concerned, and they don’t give one flying fuck about any of us, beyond the concern that we might someday make them pay the ultimate tax.

  • lennee@lemmy.world
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    1 month ago

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