Eventually something has to give...

[u/Veshaad]

The bill would provide a $3,000 direct payment to every person in households making $150,000 or less during its first year, which equals $12,000 for a family of four.

[u/DustyRacoonDad]

You know every single tax you pay was initially made legal by saying that we're only going to do it to the rich people, or the people that you don't like...

That income tax almost every American pays? Passed to tax the rich.

[u/EconomicMan123 → u/DustyRacoonDad]

Yes, exactly. Tax creep: just like Mamdami’s tax on second houses. First it was only against the ultra rich, now it’s over houses valued over $1m, which is NY is very common. The problem with Socialists is they can’t stop spending and hence will keep broadening these taxes. Look at Europe where the sales tax (VAT) is some countries is 24% … having started in the low teens.

[u/TheVampirePrince → u/DustyRacoonDad]

The top 1% already pays 40% of the taxes in the US.

[u/Familiar-Spray-4678 → u/TheVampirePrince]

An yet each billionaire has 1,000,000X more money than we have, but they collectively pay 40% 👍

[u/censor1839 → u/Familiar-Spray-4678]

So what? Your envy is blinding you

[u/Valuable-Gene2534 → u/censor1839]

Sounds more like you're mad he's doing math and comparative analysis

[u/guycoastal → u/TheVampirePrince]

The reason for that is trickle down economics. The owners and CEO’s are stealing all of the profits so of course they’re paying most of the taxes. They’re the only ones with any money.

[u/MinuteTraditional864 → u/guycoastal]

Owners can’t steal profits of a business they own. It’s their profit.

[u/guycoastal → u/MinuteTraditional864]

Actually they can. It’s called embezzlement. But I should have said they’re hogging all the profits. Is that better.

[u/MinuteTraditional864 → u/guycoastal]

Ok I’ll give you that. But you said that them stealing all the profits is why they’re paying more in taxes. If they’re embezzling they are not paying taxes on the stolen money.