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this post was submitted on 07 Mar 2024
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politics
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How about we go back to the one where we applied a marginal tax rate of 90% to the rich?
And 30+% union membership
And houses that cost 4x median income
And shooting Nazis
Y'all are describing my wet dreams. Keep going!
How can you be so cruel? Those poor widdle Nazis have feelings too, you know?
Not for long.
Attaboy
The Nazi will fear us.
Mmmm, nice dream
The modern rich are only rich on paper and in stock. For the rest they have debts that borrow against their stocks meaning they are still taxed at 0. This needs to be adressed as well then. Maybe by counting the cash out of such loans as realized gains or something.
tax on unrealized gains based on the tax year those gains happen, same with losses.
Big win one year? awesome! pay taxes!
big loss next year? bummer! no taxes if you only lost money... but no carrying that shit over.
Imagine all that money which would have FLOODED the economy post-covid while people were poor as shit that would have wiped out the national debt which in no small part was from handouts to the 'welfare kings' with businesses that pocketed tons of free cash from dumpy's bailouts in covid times. Full circle could have been nice.
Instead we just get f'd.