4 ms·
Uhh, there's been repeated tax reductions since the 80s. We all, the upper brackets in particular, pay less taxes than we would be 30-40 years ago. The rich a
by ehutch79 3y ago
Uhh, there's been repeated tax reductions since the 80s.
We all, the upper brackets in particular, pay less taxes than we would be 30-40 years ago.
The rich also have tools to reduce their taxes further, like deferrals, that's how Trump didn't pay taxes for several years.
- steveBK123 3y agoFor sure taxes are down. But having my tax rate go from 40% to 55% or 60% isn't going to solve, for example, NYC subway construction costs being 8x per mile more than Paris (a more socialist / strong union / pro-labor country). So we have a serious cost disease in our cities. Look at crazy stuff like this - https://www.nytimes.com/2023/05/25/us/la-sombrita-bus-los-angeles.html https://www.nytimes.com/2023/05/25/us/la-sombrita-bus-los-an...
- ehutch79 3y agoYour tax rate? no. 50m+ incomes? Yes But, you're right in that just having more taxes won't fix things. There's serious issues in our governments, local state and federal, around actual costs and mismanagement of projects. It feels weird to hold the opinion that at the same time we need more pro-union and pro-workers rights movements, and at the same time we need to take a lot of unions and what-not to task. ("why do i need to pay $10k for this light to be turned on?")