This is a subverse designed to encourage adult discussion spanning the entirety of the political spectrum. All are welcome, from Libertarians to Authoritarians, Democrats to Republicans, An Caps to Anarchists, Socialists to Fascists to Communists, Green, Blue, Black, White, Purple with Yellow Polka dots, whatever color, persuasion, or affiliation, this is a place for you to post your thoughts, articles, and engage in discussion meant to foster understanding.
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[–] flyawayhigh [S] ago (edited ago)
I noticed that there was quite a bit of debate here today over tax rates and who should get the tax cuts, just like we saw in 2001 before the big Bush tax cuts. Much misinformation and sloganeering continues to prevail. This new analysis should help provide a good framework for understanding these issues.
One particular thing that I noticed was people arguing over who pays what percentage of taxes. These percentage debates are misdirection. In fact:
Tax Rate for Richest 400 Taxpayers Plummeted in Recent Decades, Even as Their Pre-Tax Incomes Skyrocketed
Basically, the wealthiest people have more available money after tax than they used to. I don't think anything in human or entrepreneurial nature has changed. We can check with the psychologists, but I'm sure they will agree. The wealthiest people make a greater share of income, and by extension, increase their after-tax income based on changes in the system -- changes that benefit the wealthiest and that, as we've seen in recent years, take directly from the masses. There has been no "positive sum game" in the 2000's.
[–] BoiseNTheHood 1 point -1 points 0 points (+0|-1) ago
This guide brought to you by - you guessed it! - George Soros.
You know, it is unfair. I deserve all of Soros' money, since I make less than he does. Why is he too greedy to give all his money to me? Why does he hate the 99%?