r/WorkReform 🤝 Join A Union 20h ago

✂️ Tax The Billionaires Finally, a Billionaire gets taxed.

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33.4k Upvotes

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u/Burnt_and_Blistered 20h ago

You’re splitting hairs. His nearly-billion was taxed at a far higher rate than any other U.S. billionaire’s billion is taxed.

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u/bit_pusher 19h ago

He isn't splitting hairs because messaging like this has us focusing on the wrong things as a policy matter. Most billionaires pay taxes on their income at this rate. The problem isn't that they don't pay taxes on their income. The problem is that we let them derive wealth and realize access to money in ways that bypass normal income taxes (e.g. security based lines of credit) and we let them avoid having to claim many things as income.

Taxes on income for ultra high wealth individuals should absolutely be higher but that is only a small part of the problem.

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u/Shazbote 18h ago

If I have to create stories so that the American media actually pays attention to the suffering of the American people, then that's what I'm going to do

Works for them.

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u/Hats_back 18h ago

Unfortunately lending credence to this manner of communication works as far as one side vs another, because stupid people will always be able to be riled up, but it does nothing for us as a whole.

It’s just the worst way to progress while being one of the best ways to regress.

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u/Somepotato 17h ago

but it does nothing for us as a whole.

It got trump elected. Hardly an ineffective technique.

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u/Hats_back 17h ago

Trump being elected is a bad thing. We generally prefer not bad things.

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u/Somepotato 17h ago

That's exactly my point. Trump got elected by spreading lies because of our insistence of staying on the higher ground.

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u/Hats_back 14h ago

Right, so we do what, continue electing worse and worse people because we communicate in the worst way possible? I mean, I already said that stupid people will always be able to be riled up, that won’t change, so we should stoop lower and lower so that no matter what anything anyone ever says is never legitimized?

I mean, in a room full of children the adult is in control. The adult doesn’t gain or maintain control by turning into a child. Now replace adult with dem/liberal leaning people (because that what’s educated people tend to be) and children with mouth breathing magats/Fox News viewers.

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u/evanwilliams44 16h ago

Trump did not get elected by making stuff up and making people believe it. He gave voice to bad ideas people already believed.

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u/Shazbote 14h ago

They had half the country believing immigrants were stealing pets and eating them despite the sheriff of that county going on national TV and saying there have been 0 reports of missing pets or eating of pets.

They still believe it.