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I like your posts on this topic. Talk to wealthy EU citizens about their tax rates. They hate them. And bringing that model,here won't fund the social plans we

I like your posts on this topic. Talk to wealthy EU citizens about their tax rates. They hate them. And bringing that model,here won't fund the social plans we are told we need. Why? There just too few people in that echelon for higher taxes to make a dent. So one might think these pushers of more social aid might realize, "ok we have to raise taxes on the middle class to get the funds we need... and introduce a national sales tax (VAT) that everyone, even the poor, must pay." Do they say that? Do they come to that conclusion? No, they imstead promulgate ideas such as wealth ceilings: anything you earn over 100 million is taxed 100%. There can be no billionaires.

newacct583 6y ago
I think you're strawmanning. No one in this thread is talking about "social aid" programs or budgets for them, the subject at hand is tax fairness. At least you'll agree that the US tax regime, as it's implemented right now, is unfairly regressive, right? And that should be fixed, at least as far as it goes? Bezos currently pays less tax than I do, and he should at least pay that much, right? > No, they imstead promulgate ideas such as wealth ceilings: anything you earn over 100 million is taxed 100%. There can be no billionaires. I'm sorry... who is saying this? This isn't a serious policy promoted by anyone that I'm aware of.
- TedDoesntTalk 6y ago
  > I'm sorry... who is saying this? https://en.m.wikipedia.org/wiki/Maximum_wage https://en.m.wikipedia.org/wiki/Maximum_wage The history section is particularly interesting especially the recent history. I hear this talk all the time on social media. > Bezos currently pays less tax than I do, and he should at least pay that much, right? I don’t know your earnings, but let’s assume it’s under $1M annually. I do not believe you pay more in gross taxes than Jeff Bezos. If you paid more, you would likely have $0.00 remaining. What is your source for how much tax he pays? It is likely in the millions.
  - JamesBarney 6y ago
    The person your replying to is talking about percentage.
    - TedDoesntTalk 6y ago
      So Bezos is, in fact, paying more taxes than him. What am I missing? He wants Bezos to pay more as a percentage of income?
      - JamesBarney 6y ago
        Yeah, that's what he's arguing for. When Buffet for instance says he pays less in taxes than his secretary he means a a percentage of his total earnings.
querez 6y ago
> I like your posts on this topic. Talk to wealthy EU citizens about their tax rates. They hate them. I disagree, most wealthy EU citizens I know said they wouldn't mind being taxed more.

newacct583 6y ago

I think you're strawmanning. No one in this thread is talking about "social aid" programs or budgets for them, the subject at hand is tax fairness. At least you'll agree that the US tax regime, as it's implemented right now, is unfairly regressive, right? And that should be fixed, at least as far as it goes? Bezos currently pays less tax than I do, and he should at least pay that much, right? > No, they imstead promulgate ideas such as wealth ceilings: anything you earn over 100 million is taxed 100%. There can be no billionaires. I'm sorry... who is saying this? This isn't a serious policy promoted by anyone that I'm aware of.

TedDoesntTalk 6y ago
> I'm sorry... who is saying this? https://en.m.wikipedia.org/wiki/Maximum_wage https://en.m.wikipedia.org/wiki/Maximum_wage The history section is particularly interesting especially the recent history. I hear this talk all the time on social media. > Bezos currently pays less tax than I do, and he should at least pay that much, right? I don’t know your earnings, but let’s assume it’s under $1M annually. I do not believe you pay more in gross taxes than Jeff Bezos. If you paid more, you would likely have $0.00 remaining. What is your source for how much tax he pays? It is likely in the millions.
- JamesBarney 6y ago
  The person your replying to is talking about percentage.
  - TedDoesntTalk 6y ago
    So Bezos is, in fact, paying more taxes than him. What am I missing? He wants Bezos to pay more as a percentage of income?
    - JamesBarney 6y ago
      Yeah, that's what he's arguing for. When Buffet for instance says he pays less in taxes than his secretary he means a a percentage of his total earnings.

querez 6y ago

> I like your posts on this topic. Talk to wealthy EU citizens about their tax rates. They hate them. I disagree, most wealthy EU citizens I know said they wouldn't mind being taxed more.