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讨论规则及指引
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A lot of those assets pass through several generations, without being taxed once.
Lower taxes = Ease of business = More wealth and job opportunities in the long term = More tax revenues.
If you want to see what happens when you impose extremely high taxes on citizens and business, look at Europe.
Germany, UK, France. All stagnant economies. Workers and educated young people migrating out (brain drain). Investment flowing to other countries. Almost no industries that can compete with the USA's or China's.
The problem with the US federal budget is SPENDING, not a lack of taxes. US tax inflows increased to 5 trillion, but unsustainable deficit spending which forces the government to borrow money is why the USA has its current issues.
And that's why the current administration is trying to get rid of all of the bloat, waste, fraud, and useless/redundant agencies.
Trump did give one tax break on the poor when he took office, which was to repeal the new limit on taxable goods when you make a sale as an individual to it's previous level. Biden reduced it to 400 dollars, and Trump reverted it back to 2000 dollars, so at least you don't have to fill out tax forms for selling you second hand stuff now.
Some video games that are nation or city building games have taxes.
Why is it in those video games raising taxes leads to stagnation, an unhappy population and sometimes depending on the video game a revolt? Why can't we just have super-high taxes and see tons of growth in those video games?
Majority of Billionaires support the left, a few billionaires support the right, but you're absolutely right taxing the higher tax-bracket might very well make more left-wingers have to pay more taxes...but it wouldn't be good for the economy.
Why do left-wingers complain about expensive cost of living while supporting politicians that intentionally keep gas around 5 dollars during a time when people have gas under 2 dollars?
As it is in real life, the rich already pay more in taxes than those in lower tax brackets, just not the 90+% that some think they should.
also as mentioned by another..
"taxation is theft"
have a nice day
Social democracy doesn't make sense in America. Its economic tradition is based upon the small producer, creative capital oriented towards your community. It therefore tends towards capitalism. But a social re-direction of the economy will be needed in any sense to get America back in shape. Neo-liberalism screwed us over.
They need to stop spending so much, stealing so much, and giving so much away to fraudulent actors.
100% taxation on the rich would be less than a drop in an Olympic-size swimming pool.
100% taxation on every living soul in the nation would be about a drop and a quarter.
The solution to the rich problem isn't limited merely to the reign of state paternalism. Even neoliberals and libertarians proposed new ways to solve our stagnating economy like the negative income tax, and yet the U.S. still has not heeded these signs. If even libertarians with their bourgeois dystopias are nicer than the U.S. economy is right now, you know there is a problem.
After what got exposed happening in Minnesota, it's pretty nauseating that anyone still believes the problem is that the government doesn't take enough money from it's citizens.