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26 minutes ago, Huckleberry said:
What he is saying is correct. Attempting to argue that all employees are paid correctly for the value they add to a company is about as stupid as it gets. Do we really need to go down the list of CEOs who have made hundreds of millions of dollars while their companies floundered, failed, and/or died?
Its more nuanced than that, but you already know that.
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25 minutes ago, bad_teammate said:
This is flatly untrue. This is insane to even say out loud.
No, what you're saying is completely false. Forget saying it out loud, even thinking it is ridiculous.
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19 minutes ago, bad_teammate said:
Already been pointed out that your point is irrelevant at the state level, but even if federal money was the issue, THE POOR STILL PAY TAXES.
The federal income tax is not the only tax that exists.
Oh, and the only reason they don't pay federal income tax is because they are paid jack fucking shit for wages to do all the work that actually creates the wealth. Those bastards.
Federal income tax(47%), Payroll tax(34%), Corporate income tax(9%) together account for 90% of ALL the federal tax revenue generated. If you consider the top 10% as "rich", they account for 70% of ALL the federal income tax (47 X 0.7 = 32.9%), half the payroll tax comes from employers AKA the rich according to you (34/2 = 17%), and of course all the corporate income earners (must be) the rich (right?) so 32.9 + 17 + 9 = 60% of all the federal tax revenue comes from the Top 10%. At the very least.
They take in 36% of all the income and account for more than 60% of ALL the federal tax revenue.
On the federal level, the poor have absofuckinglutely no to very little contribution but extremely high participation when it comes to benefits. So stop with the rhetoric that the rich aren't paying enough or poor aren't getting enough. Its exactly the other way around.
But but but no social mobility: 2/3rds of the Forbes 400 are self made entrepreneurs.
And oh, you get paid for what value you create, not your time. So the wages reflect the value, not what you or they think they deserve.
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18 minutes ago, bad_teammate said:
If a state university is not affordable for everyone then it is nothing more than a taxpayer-subsidized club for the children of the wealthy. I am not so radical that I want to advocate eliminating all institutions of private education (though I sympathize with those who do), but the idea of the taxes of the poor going towards a rich kids' country club "public" university absolutely disgusts me.
Bottom 50% accounts for under 3% of all federal income tax revenue generated. Maybe even less. Poor(to me) would be the bottom 20th percentile, they account for absolutely NOTHING in federal income taxes.
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2 hours ago, Js1 said:
https://www.politico.com/story/2018/07/30/eye-popping-payouts-for-ceos-follow-trumps-tax-cuts-747649
It's all trickling down so hard, I think we might drown.
So you're upset about someone liquidating their own assets when they pay more taxes than you in pure number and percentage?
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2 hours ago, GSU&UT said:
Jesus, are some of you really bitching that rich get taxed enough or too much in this country? When wealth inequality is at an all-time high and continuing to become even worse, while wage growth continues to remain stagnant? We're not talking about people bringing home six figures, but those beyond that. They are earning so much of that money on the backs of others, I don't want to hear about how they "worked hard and deserved it" when so many people have extremely low purchasing power because of wage stagnation and only will continue to be able to not afford basic necessities.
On the backs of others? Are these others not getting paid? Do they not come to work willingly? Are they not free to work elsewhere?
Alexandria Ocasio-Cortez
in Cloak Room
Posted
Nothing stops you from making a strawman CEO argument why should anyone else?