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:eyeroll: I’ll preface that to define what America is, is dumb; if it’s freedom, then let it mean what it wants to mean to individuals. But in the vein of the a
by bigmattystyles 5y ago
:eyeroll: I’ll preface that to define what America is, is dumb; if it’s freedom, then let it mean what it wants to mean to individuals. But in the vein of the article, I thought America valued work, not living off of appreciating assets. Especially when values are inflated by massive buy backs funded via tax cuts and loopholes.
I have benefited so much off of capital gains, do I like parting with a lot of it sometimes, no, but I’m happy to pay taxes. It doesn’t mean I don’t scrutinize how they are spent, but this whole article is a prelude to gaslighting.
- mikestew 5y agoI thought America valued work As a worker who goes to work a job created by a Job Creator, I'm sure that is exactly what you were told, yes. And if we tax the gains of those Creators of Jobs, there won't be any more jobs. I value work, but that doesn't mean an enjoyer of work can't call propaganda when they see it.
- bigmattystyles 5y agoDoes it? Even pre-pandemic, I don’t think the massive Trump tax cut had the effect they claimed it would in employment (or much of anything else really). I could also argue that done right, fuller government coffers yields to more government spending and, if done right, which I grant you is a big stipulation, creates many more jobs, blue collar ones too.
- mikestew 5y agoGuess my post needed sarcasm tags because it seems you're attempting to refute my point, which was that America only says it values work. But as famously pointed out by Warren Buffet that his secretary pays more in tax than he does[0], it is obvious what America really values: asset holders, not workers. [0] Buffet's secretary pays a higher rate on earned income than Buffet does on capital gains.
- deleted 5y ago[deleted]