Synopsis

4y

There are reasons for it

Maartins

4y

Shut up

americana

4y

but they won’t because they are all cronies who are raping the country for money

americana

4y

the federal reserve is a private institution that makes profit

think about THAT

lil neon

4y

· edited

old world reasons when we didn't have technology making everything obsolete

you had to tax money because we didn't live in a deflationary time

if all these central banks didn't print all asset prices would fall 90%+

people compare inflation now to the 1920s when technology wasn't on this level

technology just grows at such an exponential rate it's going to replace 50% of jobs by 2050 and it will only get worse, it decrease the velocity of money to almost 0 over a long enough time period

insanely rich people should be taxed but it seems pointless to tax everyone for everything

rnb sponge

4y

also a matter of where the taxes are predominantly going to

if they're being spent on a bottomless pit of a military budget that enables ethnic cleansing and bombing of children with terribly imbalanced power dynamics and media narratives, yeah thats a horrible place for taxes to go

If they're being spent on everyone having healthcare, quality education, food, shelter, clean water, and other resources, taxes are pretty much worthwhile- but this demands that the regular people have their material needs met first and foremost

BadKarma

4y

What people in the working class benefits from businesses taking advantage of workers? Now ask the same thing about taxes.

CLB Fractions

4y

businesses provide many forms of insurance and retirement accounts/planning/matching sometimes workers benefit more from businesses than government.

BadKarma

4y

Ah yes, the great American Insurance system, please tell me more

CLB Fractions

4y

also retirement. some businesses match what there employees put in retirement

CLB Fractions

4y

also retirement. some businesses match what there employees put in retirement

Zach LaBeam

4y

That's less and less though. Most pensions are gone, and a lot of companies only match 401ks 50% up to a certain amount. My company doesn't match 401k contributions at all

CLB Fractions

4y

i said some.

BadKarma

4y

They do it because it’s cheaper than paying the difference in salary not because of their “generosity” lmfao

BadKarma

4y

So I posit the question again: what benefits come from working for a business that underpays and exploits you vs taxes which actually keep society moving when put into the right things?

BadKarma

4y

So I posit the question again: what benefits come from working for a business that underpays and exploits you vs taxes which actually keep society moving when put into the right things?

rnb sponge

4y

also a matter of where the taxes are predominantly going to

if they're being spent on a bottomless pit of a military budget that enables ethnic cleansing and bombing of children with terribly imbalanced power dynamics and media narratives, yeah thats a horrible place for taxes to go

If they're being spent on everyone having healthcare, quality education, food, shelter, clean water, and other resources, taxes are pretty much worthwhile- but this demands that the regular people have their material needs met first and foremost

hot pancakes

4y

i remember in my old job my monthly bonus checks would be taxed damn near 50%.

my gross would look awesome

then i’d look at my net like

Swope

4y

You know where America's taxes are going to lmao