How to fix America:>Zero Federal Income Tax for Lower Earners: If you make under $50,000 as a single person or under $100,000 as a married couple, you pay $0 in federal income tax.>Progressive Income Tax Brackets: For income above those thresholds, the tax starts at 10% and goes up by 2.5% for every additional $50,000 you make, stopping at a hard cap of 80%.>Absolute Loophole Elimination: The government deletes the current tax code entirely, getting rid of all deductions, write-offs, child tax credits, and corporate loopholes to make the system completely flat and simple.>The 1% Asset Tax: Anyone with a total net worth over $1 million (counting houses, cars, and stocks, but excluding everyday personal items like clothes or small collections) pays a 1% tax on that wealth every year.>Uncapping Social Security: High earners keep paying the Social Security tax on all of their millions instead of stopping after a certain wage limit, keeping the program fully funded.>Massive Military Cuts: Defense spending is slashed significantly to free up hundreds of billions of dollars.>Aggressive Debt Paydown: All the extra money pulled in from the new taxes and military savings is funneled directly into paying off the national debt instead of growing the government.Fuck you, we can fix this shit and turn the ship around. I love America, I want our empire to survive for another 250 years! It would boost the economy, and we would pay down the debt by half a trillion dollars a year!
You can't even enforce your constitution with millions of immigrants. Non citizens would rather you have less rights as a citizen.
>>542328597Yeah, and we should viciously deport non citizens. They hurt working americans. But also, defeatist much memeflagfag.
>>542328720And then you have a ton of companies go under. Shrinking everything down even more that you try to cut. All of the social welfare fatsos will die causing a even bigger crisis. America can't save itself. It either becomes nation states or stays as a economic zone for technocrats. You can't fix something as big as America in one term or even one decade
>>542328973I get it I am a yank. You are a southerner probably surrounded by niggers. See we have done this before, we can do it again. I get it, you want the south to rise again. I want the Union to dominate the world.Companies go under every day. So what. We were not "shrinking everything down" when we paid off the debt after WW2. America can save itself. I love this country. We fixed america after the great depression.We fixed america after the gilded age.We fixed america after the civil war.We fixed america when we beat the British and became america.Again, fuck you, lets fix america.
youre thinking bout this all wrong, national debts are not like auto loans that anybody responsibly ought to pay offwithout a national debt you have no money, youd have no medium of exchange, nothing to buy tomatos withits sad and a hat trick but we were made to believe its better than silverthe point is people were seduced by all the cool shit they can do NOW with all the fresh cash, few considered the sleight of hand, and now tomato purchases carry interest through the dollar bills
I get it I am a yank. You are a southerner probably surrounded by niggers. See we have done this before, we can do it again. I get it, you want the south to rise again. I want the Union to dominate the world.Companies go under every day. So what. We were not "shrinking everything down" when we paid off the debt after WW2. America can save itself. I love this country.We fixed america after the great depression.We fixed america after the gilded age.We fixed america after the civil war.We fixed america when we beat the British and became america.Again, fuck you, lets fix america.
>>542329507Demographics aren’t there the industrial base isn’t there it’s not the 1960’s anymore
>>542328504>paying off the national debtare you at selling Texas to China debt level yet or worse? I calculated decade ago, debt was at some smallish empty state worth if only scrublands there would be
>>542330395I understand that in modern monetary theory>debt = monetary supply = money supplyBut I do not give a shit. We literally went from 120 percent debt to gdp to 40 percent debt to gdp in 10 years after WW2. Why not again. >>542330482Our industrial base is still #5 in the world per capita. Its not like we are china at #36 per capita. >>542330597You pollaks are retarded as always. There were so many of your big titted girls in my chicago high school.
>>542328504>No tax for the poor. So you want to incentivise poverty? Because people will stay in their poverty bracket rather than to pay taxes. You failed your most basic policy understanding: people maximize their own benefit. If at 50k I get 0 tax im not going to be just paying tax when I go higher, I'll be looking for any loophole I can find above 50k, including burying black market gold and silver and hoarding it until I die. Tax would be a fixed value for everyone. The real problem in the economy is not debt, it's the low price of labor and high price of assets. Asset value should be 100% based on the price of labor. The whole economy is built on "investment" and most of that is just theft. People increase their asset value while wages get lowered. That's what needs to be fixed to change everything for the better overnight. Boomer houses must drop in value. Asset-rich people must be made poorer so that working people can be richer. It will take a war to do so, but it must happen
Just increase the Earned Income Tax Credit (incentivizes working and having kids) and raise the Social Security age to 70 and most of the problems go away. Oh yeah, maybe fucking spend less overall and quit with the bullshit wars and policing the world's waterways. 200+ years of making sure trade lanes stay open and free is a bit much.
>>542330888The worldwide increase in monetary supply during covid is the reason for rapid asset appreciation. Governments just have to deflate their own debt to deflate asset prices, including housing.
>>542330888Okay and what you are not understanding is it is a ranked tax rate.You pay no taxes on the first 50kYou pay 10% on the next 50k ie $5kYou pay 12.5% on the next 50k ie $6.25k>So you pay $22.5k tax on $150k of income effective tax rate of 7.5%. >That is compared with now the rate you would pay would be Effective Federal Income Tax Rate: 16.5% ($24,734 / $150,000)So it would be a tax cut for 98% of income earners. And it would not be a high enough burden to disincentivize earning more. And literally a wealth tax will disincentivize asset rich people.
>>542330869i dont know what happened with you guys after the war,we had a debt to gdp of 7% when the old man died, and many people think this is a solid position, while others think we were unecessarily austerebut still the central bank is there, and you have no silver or goldto reduce debt under current conditions is to accept hardship and scarcity, which may include mass unemployment , hunger , homelessness and death for many of you who are barely hanging on nowyou know, its messed up, but everything is dependent on debt, the government, businesses, households, individuals, all of which could just collapse, and then the party is over, its back to the middle ages almost, which could have been avoided by sticking to good moneys, but theyve already made the transition to bad moneys, and built the whole of the modern economy on top of it (see how devastating an american debt crisis was to greece)
>>542328504How to fix the whole world>Kill all jews
>>542331251Edit $11.25k not $22.5k
>>542328504Fuck you. Fuck you a lot.Most of your shitty idea already exists, people earning 50k pay a token amount as it is, and they're simultaneously the biggest liability. You dillweeds always advocate for these progressive taxes that stop progressing at the 500k dollar mark, and as failure-to-launch commies with no investments, you fail to realize that the /actual rich people who aren't paying shit/ are not making their money through fucking w2 income, so they don't give a flying fuck what you make the marginal income tax rate. Politicians who pitch making the "rich pay their fair share" in the form of jacking up W2 income tax rates are quite literally ignoring the entire top 5% richest people they claim to want to level the playing field on. Huge progressive income tax rates make unsophisticated poors feel good because they can't imagine other sources of income besides their own manual labor earning them a paycheck.Meanwhile I've become progressively more successful, working up from enlisted military to a small tech firm to a large finance firm where my on paper income is massive but I am tax farmed to absolute death. Every tax break, credit, exemption is means tested and I am ineligible again because of w2 income. I make 550k now and save less than I did when I made 200k. It's confusing, in the eyes of our supposedly capitalist meritocracy I am a demonstrable performance outlier. The state should be paying me to have more children because those kids have a supercharged chance of being more overperforming competitors in an increasingly globalized workforce. Instead they deny me a few thousand in write-offs so they can subsidize people who intentionally avoid working to get shit for free. It's a perverse backwards incentive and if you follow it all the way down, you can easily make the case that the real goal is to sustain a permanent underclass of easily exploitable labor droids rather than ensure the health and performance of the overall system.
>>542331861If you want to "fix" America the answer is simple. Every single fucking problem we are grappling with was explicitly spelled out in stark warnings from the framers of the constitution in the federalist papers and various other constitutional brainstorming documents. From the inevitable outcome of a central bank issuing fiat currency, to the pitfalls of partisan politics, national debt, international military entanglement, federal overreach by abuse of things like interstate commerce clause, and the general moral decline stemming from an abject lack in civics education and engagement in politics besides rage tweeting about some nonwhite pundit du jour. All of this was spelled out, though not always agreed upon, in the discourse leading up to what became the constitution. If you want to fix America, all you need to do is go back to the founding documents, and actually adhere to them. Have a real currency, use debt judiciously and eliminate it aggressively, cap federal power through more durable means, avoid military excursions without congressional decree, hang any president who tries to circumvent the legislative as a traitor to the Republic, and get the overwhelming majority of regulatory authority back in the hands of a federation of STATES, not the federation itself. We have some good lessons learned. The cornerstones of the mausoleum of American democracy are citizens United, the interstate commerce clause, a lack of congressional term limits, and the legislatives abdication of their duties to declare (or not) war and control spending to curry favor with the increasingly tyrannical executive. All of this backbiting about tax the rich is hilariously misguided. You won't pay this debt down without rounding up every billionaire and shaking them down or hanging them. The more likely outcome is a revolutionary collapse where hopefully we revert to the democratic first principals that the framers established 250 years ago.
>>542331861You pay Effective Federal Income Tax Rate: 28.3% ($155,633 / $550,000)My proposed system: Total Tax Paid: $106,250(This results in an overall effective tax rate of roughly 19.3% on a $550,000 income.)So your tax rate would go down dipshit. If you actually made that much a year you could do some simple napkin math and go, oh OP wants to lower my taxes! Noice. And shut the fuck up with we should just go back. No retard the founders set up amendments on purpose so the system could change and adapt over hundreds of years. We are following the founding documents.
>>542332381>Democratic firstJust had to slip that in there, you dirty nigger faggot.We were founded as, have been, and will continue to be a republic. You can take your democracy and principles and choke to death on a dick you absolute top tier retard.Also tldr didn't read half your garbage.>Wahhh im richKill yourself
>>542332775Fucking Chad. We are a fucking representative republic. I had all these dumb niggers who say we are a democracy, no, we have always been a republic!
> AI can't into gears and leversPottery.
>>542328504Btw we think your shitbox is now worth $2 million, now give us $20k.
>>542332728Now do whatever contrived wizardry you need to do to make your plan for social security somehow not make up the difference kek. On top of that, if you're going to actually have the most lucrative tax brackets pay less, is your plan to just have the treasury be insolvent? You think the 1% of whatever token shit you can harvest from individuals taxable accounts will make up that difference? Without major reforms to corporate structuring and the evisceration of various secured debt instruments you won't get shit from taxing wealth. What about people who hold billions in bonds and tbills?Tell me how any of the things I mentioned are incongruous with the amendment system? Wheres the amendment for the ICC that was the basis of basically every civil rights finding, tax grab, and power hemorrhage over the last 200 years?>>542332775So the one thing you picked up on was the word democrat? QE fucking D.
>>542333055Social security is topped out at 184k for payments. Get rid of the cap and it will be positive 350 billion a year.A 1 percent wealth tax over 1 million in assets would bring in 900 billion a year.My tax system would bring in an extra 335 billion a year.Colsing corporate tax loopholes would bring in 1.1 trillion a year. Again, I am sure you are a larper. No way you make over the median wage. Because again you cannot into math very well. We do not have to have the FED buy T bills when we become a creditor nation again. Here is your award btw. Hope you like it.
>>542329507you fixed america when it was white you grew up in jew york your mind is already compromised
>>542329507>trannyThat was obvious.
>>542333314Think whatever you like. 550k isn't even notable in NYC, scarcely a flex.I wish you luck in your campaign to do whatever it is you think you can do with this plan. I've had more success making my own life better by throwing a few grand at the city council to grant me an agricultural zoning variance than I have had by voting for anything ever.
>>542328504Selfishly- America should start a program where democratic Americans can trade their citizenship for conservative white Canadians
>>542328504>Wealth taxIt's just theft and it discourages saving and investmentAssets and real items are not income or cash. It's post income tax, post sales tax, post real estate taxed value that exists year over year that is now losing value to taxation at 1% per year.If it's a physical asset or real estate, needs cash to pay for as long as they hold it, either by investment income or wages. If one owns 1M in wealth value, they pay 100k, so need to be in the taxes income bracket from which they pay tax again.No cash to pay? Enjoy liquidating your property to pay the taxOh, you are taxed on the remaining savings next year?Retirement account? TaxxxNever hold wealth below the threshold ig?So this does what? Encourages more concentration of assets in the hands of the wealthy, more renting by the lower classes, and more speculation, and more finance power. anyone with any asset not currently making profits rushes to push it an interest bearing asset or avcount lest they lose it to a never ending tax. Rent/lease becomes more powerful to avoid ownership>Guilded age recovery>Muh 90% tax rate eraCargo cultist bsWar economy, tax loopholes, and becoming the post war sole global major industrial hub
>>542328504Wealth taxes can't exist because 98% of the wealth is funny money. Elon for example if he had to liquidate 5 billion a year ever single one of his companies would be dead in 2
>>542333554This is the hub of ideas for westerners. This is my memetic playground. Yeah voting doesnt do shit. Spreading ideas does.>>542333516Kek meme is for you. Kill all trannies especially tranny jannies.
>>542333846Another retard.1% of $1,000,000 is $10,000 not $100,000...Actually it does the opposite of what you are purporting. It gives a structural advantage to the working classes and small businesses vs larger businesses which would pay a higher tax. And it would encourage investing your money instead of letting it sit in assets that are non productive like real estate.