There's no reason for us to return to the tax brackets of 1960 and have people earning over 2 mil a year (adjusted) taxed at 91 percent, and 52 percent for businesses.It's not socialism to want to return to what was proven to be a golden standard
For us to NOT*FUCK
Yes but you see I am a special snowflake who's going to hit it big any day now and once that happens I don't want the rest of you shlubs depriving me of my hard-earned third yacht
>>521084648lel
>>521084603>There's no reason for us to return to the tax brackets of 1960Agreed, well said.
>>521084648hehealso half of the wealth of the 1% is derived from hiding each others from governments. Some dipshit selling RVs that makes 2.2 is going to eat a bowl of shit and Jews that finance niggerbrigades will be unaffected.
>>521084603>>521084648What about inflation? Surely people making 2m now are not as rich as those making 2m 65 years ago
>>521084603>>521084648Don't worry, you can try again later.
>>521085650I intend to
>>521085199That's adjusted. In 1960 it was over 200k
>>521085199NTA, but I think that you are right and the floor needs to be higher than 2 million.But the point stands that we used to both tax the shit out of the rich AND be the most powerful, prosperous nation in the world. And now we don't tax them for shit and we have an amazing GDP that means nothing and everyone is poor. The simple fact of the matter is, we need to tax the rich just to pay for public works at this point. AI datacenters are bringing this to a head faster, but the simple fact is that america's infrastructure is fucking ANCIENT and needs to be updated/replaced pretty much everywhere across the country. This is only a bad thing if we let it continue to rot because we don't want to pay for it, its an opportunity to create a fuckton of new jobs and strengthen the country with cheap energy and transportation if we are just willing to commit to it.Why *shouldn't* we have high speed train networks to make it cheaper and easier to move goods and people between cities across the country? Surely everyone benefits from that? Why *shouldn't* we build more powerplants? Even if you assume that AI is a bubble that will burst within the next year, the simple fact is that we are always going to need more electricity than the US can currently produce, an energy crises was always coming.I don't know what we do about drinking water, but infrastructure to conserve that shit is going to be crucial. Whether you believe in global warming or no, water scarcity is already a problem for a lot of people and we can't afford to let that get out of our control or we are going to really fucking regret it.All of the above requires construction and other services to build and maintain. Thats a ton of new jobs. This is a chance to reboot the economy and rebuild a workforce of local manufacturing and skilled labor to support it. The one thing we can't have made in china for cheaper is domestic infrastructure.
>>521086290Sadly, without your based ID. Godspeed.
>the government having more money = goodOh my Science, guys! If only the Government had a trillion more dollars!!! Then they'd be able to do anything they want!!! None of it would be used inefficiently, or in furtherance of making your life worse!!! The government having more money means ALL of our lives get better!!!At this point there's no difference between a billionaire having another yacht and the government burning through more money to accomplish nothing that makes my life better. I do not care if they tax them 100% or 0%. Neither option helps me. Neither option makes me better. Neither option makes the country better. It doesn't matter.
>>521084603Nothing after the invention of the federal reserve was "normal" economics you fucking modernist.
What is Laffer curve
>>521084603You just lived through a month with the government not functioning and your still going on about taxing the rich. Nothing has changed and your not wondering instead why we pay taxes at all?
>>521086374Oh, I see.
>>521087064The government was shut down because they were trying to tax the rich even less and making up the difference by making healthcare more expensive. Do you not see the correlation
>>521086990"The government is too corrupt and broken to bother giving a shit" makes for a good 4chan post, but a bad economic policy.
>>521084603I'm just going to kill you. What do you think about that?
>>521087611I'm too fast for you to catch me
>>521086990No one is saying that governmental ineffeciency and corruption don't exist, but thats a call to arms to *fix those problems*, not an excuse to do nothing and expect anything to get better on its own.Since the 1980s, we've been sold on the idea of letting private, for profit industries have all of the money and let them solve all of our problems out of the sheer goodness of their hearts. And it turns out that all that private, for profit companies care about is making profits. Surprised pikachu face goes here. There is a lot we need to fix, and the free market won't do it because the things we need the most are not profitable to provide. Indeed, attempting to make a profit off of them is what makes the problem in the first place. The only reasonable solution, short of an instrumentalized human hivemind, is federal or state level programs and regulations. The agencies necessary to enable this cost money. This fact is not unknown to the wealth, its part of why the very rich consistently support the part of small government: they are bleeding dry the only thing that has the power to reign them in.