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The Federal Reserve Bank of Chicago performed an analysis of income tax rates in 2017 and found that the U.S. ranked 32 on a list of 35 member countries of the Organization for Economic Cooperation and Development (OECD).
Omegalul
the 1% pays like half of all the taxes
They'll just go somewhere else.
A 75% tax rate is fucking absurd.
nice argumentation mens
if somemode made 100mil and got taxed 75% they will still have 25 mil why would they need any more wtf. Not sure when the 75% tax braket starts tho should be at like 10mil I guess
What a stupid argument
why so?
if it was stealing why does every country have taxes? Why arent people revolting every day to abolish taxes
Theft is defined as the physical removal of an object that is capable of being stolen without the consent of the owner and with the intention of depriving the owner of it permanently. The thief need not intend to keep the property himself; an intention to destroy it, sell it, or abandon it in circumstances where it will not be found is sufficient. Automobile theft, for example, frequently involves selling the stolen car or its parts. In some instances an intention to deprive the owner of the property temporarily also is sufficient, as in the case of stealing a car for a “joyride” and then abandoning it in such a way that the owner is able to reclaim it.
If you don’t pay your taxes, the government will use force and punishment to make you pay it, sounds like stealing tbh. People choose not to revolt as a result of
1) brainwashing, thinking paying taxes is a moral thing, even when asked if you would pay less, or none, most would stop.
2) the comfort of living a decent life where you abide by the laws the government imposes often outweighs the comfort of the life you could have. People will choose short term comfort over long term negative societal effects and the risk of a tyrannical government.
fakeflag
ok Lenin
that is generally a different issue that people always want to dodge taxes even though these taxes might have been the reason they lived in such a great country that might have been a good reason they are that successful.
Well yeah I understand the point. That is another issue that must be solved because at the end of the day if the world continues to be this top heavy then at some point you have the huge majority that is poor and unhappy which will cause issues.
Not necessarily. It is true that the wealth gap increases, but both the living standards of the poor and the rich are going up. So all that happens is that the rich get richer faster than the poor which isn't perfect but not a instant problem.
Tldr as long as the poor get better, wealth gap isn't a big problem
sure but there has to be a decent speed that the poor are getting better. Everyone is getting better but when the poor only get better by 1% and the rich by like 15% (Example dont know about actual percentages) is that really that great? Would those poor be happy even
Its hard to stop but not impossible to stop. Capitalism is great, but the issue is that governments don't regulate enough/can't regulate because companies are sending everything to cheap labor like India/China
The rich provide jobs, And have to run businesses. Those business are the backbone of most economies. You're basically saying you shouldn't be able to make more money then what you need to live on, which is an absurd argument to make.
Plus you're ignoring the fact that most Billionaires' wealth are held up in stocks, or in foreign banks, Things that can't be taxed.
Besides what exactly do you mean by "use infastructure and law" - isn't that something every one does?
Obviously - but that goes for everyone? They don't owe the state 75% of their money though?
Every time a tax is raised in any rich country, both register hundreds of businesses, who are there to hide from the biggest legal theft mechanism of the 21st century - taxes.
If you legitimately think that raising a tax will help anyone with anything ever - you’ve been skipping all of the economics classes in school.
Taxes aren't supposed to be like this. They’re only being used for corruption these days. Imo they shouldn't be completely removed, but instead lowered to a rate no higher than 10%. Also, VAT, excise duty and other bulllshit should be completely gone.
“ Also raising a tax on the 1% wont hurt anyone not even the 1% since they anyways got and will keep on getting immeasurably more wealthy”, - as I said, try going to your economics classes. Maybe it will help.
And what do you propose instead of those? Taxes are an integral part of a countries budget.
Yeah sure a lot of people do tax fraud but thats not an issue with taxes but the system that allows them to do so. For example a lot of charities often are used as a way for the rich to evade taxes or to launder money.
If you propose that charity is better then you are implying that people should hope that some kind hearted rich person funds shit Even tho the same rich people are the ones who try to avoid doing so by tax evasion.
10% should be more than enough for almost any country. High taxes being something integral is a myth people that steal from those taxes made up.
The amount of businesses and Individual entrepreneurs that would be flooding into a country with proper tax rates would definitely make up for the lack of high tax rates. In a society with high taxes (if the government isn't stealing shit) anyone can be decent but almost no one can be rich. In a country with a low tax rate anyone can become extremely rich because the government isn't stealing half of what you earned from your pocket and there is a sense of stability.
I agree with The huge tax but I think 60% is a good margin
That's such a stupid proposal, the rich already pay a lot more than the poor. What do you think is going to happen if they get taxes at 60-75% then they'll move out the country. No more investment, jobs created and opportunities for the poor.
Every Western country has gone into debt because taxes on the rich were lowered?
Possibly one of the dumbest things I've ever heard. First of all the rich are the ones that save and invest their money. By doing so they create jobs for the rest of society.
The reasons countries get in debt is because they don't lower government spending. By lowering taxes you actually generate more tax revenue as well because of GDP growth.
Debt isn't a problem as long as gdp grows at a pace more rapid than the growth of public debt. GDP growth can be realised by lowering taxes.
Tax breaks for the rich were financed by debt. So easy to see by just looking at the number of billionaires and countries debt. Plus that fn trickle down shit is just brain dead and proven wrong multiple times.
"Debt is no problem" I think you have a bit high trust on economists who get their money from multi-billionaires and therefore have a huge reason to lie about stuff. It does not take a financial genius to know that the system is broken when banks start to pay you to take loans.
Just that there is a correlation between the number of billionaires and public debt doesn't mean that the one causes the other there are a huge number of factors. I didn't say debt is not a problem. See you have to measure debt in relation to gdp. What I'm saying is that as long as that ratio is low it indicates that debt can be paid off (easily).
Could be something else, but is not. Rich people and their corporations stopped paying taxes, we have to take loans or offer lower services and raise taxes on working class 3-7%.
Plus the state invests tax money inside the country, rich people move it to tax heavens and abroad. Its a double hit.
Please translate the first part into English for me. Thanks
The state doesn't invest as productively as a free market would. If you really wanted to invest in people you privatise everything except for policing, defense, judicial system etc. And get rid of all those taxes.
Everything costs more in USA than what we get from state run services. Same goes for pretty much everything that has gotten privatized here. Its always more expensive to provide services with profit margin than without one.
You are acting like a communist, ignoring all facts that go against your religious belief in some shit billionaires made up to keep poor people quiet.
Youre an idiot
what do you expect from selfish greedy capitalists
You know that we don't become rich just by being hardworking and innovative right?
The wealth concentration is at its historical peek because we entered an era where only finance is making real leverage profits. So only the one with huge capital at the beginning has the power to multiply it.
Also the dividends are the highest ever recorded meanwhile wages and salaries are stuck to 2009 levels.
To summarize, we entered the latest stage of capitalism where work doesn't pay anymore. It only allows you to sustain your worker condition (so you keep working). The next (and last) shift will be the loss of property. Soon we will enter a world where everything is on loan or lease. When autonomous car services will arrive we won't be able to buy and own one, it will all be via an app to order a trip from a to b like Uber but without the driver. Same for almost everything you own.
When you don't own your house or apartment, when you can't go somewhere without paying, when you can't see a show or have some fun without paying, when you can't see a doctor without paying, when you can't listen to music without paying, ... You better get the cash or you'll be out of society quick. The only human values will be the capital and the working force.
And the last years new regulations at work are aweful, less protection of the worker, less right to protest and negotiate, less transparency, increased working time (except in NL), ...
So?
That's not a problem with TAXES, that's a problem with tax collection and corruption. Completely different argument.
Yes I agree, but my point was that we need to fix the tax system rather then just raising taxes.
name checked
Chiraq
Taxation is theft
everything checks out
Okay
+1
+1
Poland abolished taxes for young people <26. So if youre young you pay nothing.
activpayroll.com/news-articles/poland-ex..
fckn timing they do that when im above 26
Since there is barely no young in Poland anymore it doesn't matter much.
+1 they are all in germany LOL
taxation is theft, fuck u socialist cunts
I'm smart enough to have health insurance unlike greedy socialist cunts
In Australia the highest tax bracket is like 180k a year taxed at 45% which is complete bullshit.
taxing anyone earning less than 100k a year is absolutely criminal, 100k is nothing.
People need to understand millionaires in a scheme of things are peasants, billionaires are rich and trillionares are wealthy.
nt commie
The rich should pay 90% of theyr incomes in taxes and i tell u why ....
I know everybody who was bilions worked hard to make them .... but for his companys to work he take natural resources from your his country or other coutrys ... and a natural resources are for all ppl on that coutry .... nobody was born with huge lands full of natural resources ... he is basicly stealing that coutrys where he was companys .... and NOBODY EVER SHOULD BE ALLOWED TO OWN MORE THAN 1B $ . THAT SHOULD BE THE MOST NET WORTH U CAN GET FOR 1 PERSON .....
I HOPE WW3 ITS GONNA LIBERATE AS FROM THE DEMOCRATIS THIEVES.
The only taxes I can accept are these:
-Sales Tax
-Income Tax (?)
+Value Added Tax
+Carbon Tax
+Land Value Tax (?)
and then theres the tiny number of people that arent talking like that :d
taxation is theft
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