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Its not just about wealth although income disparity is definitely, its the influence of lobbyists on our democracy that are funded by billionaires for their own self interests. Think about oil & gas, pharmaceutical, financial lobbies, they aren't after the best interest of our citizens. Pro-business lobbies could care less about the middle class.
Again, complete fantasy.
The politicians are elected by the people. If they don’t do what the people want, they get fired by the people.
Lobbyists can’t buy off politicians because the politicians would get fired.
What? Do you even know what SALT is and how it works?
The rich is disproportionately and negatively impacted by SALT. They often buy expensive properties and used to put up their mortgage and property tax as deductible.
Now they can’t.
Yeah, I wouldn't worry too much about them, the top rate was dropped from 39.6% to 37%. Would you like to know how much is 2.6% times, I don't know, couple hundred million or a billion?
Of course, it does not matter if the carried interest loophole is used, the rate would be 23.8% anyway, but that's another issue.
Its not just about wealth although income disparity is definitely, its the influence of lobbyists on our democracy that are funded by billionaires for their own self interests. Think about oil & gas, pharmaceutical, financial lobbies, they aren't after the best interest of our citizens. Pro-business lobbies could care less about the middle class.
I understand that you and possibly others "feel" that way about it. So ACT on that "feeling"... STOP buying the products/services "the rich" sell. STOP making the rich with whom you disagree even richer. That's an act you are very free to do.
Currently the top 10% is paying virtually all the taxes while the bottom 50% pays zilch, nada and zero.
Think about this. I am by no means rich but my tax alone is more than 50% of Americans combined!!!!
How is that remotely fair?
“Taxed fairly” means they are taxed until they are not wealthy anymore.
As long as they are still wealthy, there is no amount they could be paying that could be considered “fair”, because it is not fair that they are wealthy, while the ones complaining about them not paying enough, are not wealthy. “So tax them more. And then tax them some more. And some more. Keep going, and we will let you know when they reach the point of “fairness”.”
Yeah, I wouldn't worry too much about them, the top rate was dropped from 39.6% to 37%. Would you like to know how much is 2.6% times, I don't know, couple hundred million or a billion?
Of course, it does not matter if the carried interest loophole is used, the rate would be 23.8% anyway, but that's another issue.
I understand that you and possibly others "feel" that way about it. So ACT on that "feeling"... STOP buying the products/services "the rich" sell. STOP making the rich with whom you disagree even richer. That's an act you are very free to do.
If people were going to do that, then they would have already done it decades ago.
But nope, everybody wants the latest iPhone, uses Google and YouTube and Amazon and Netflix. They will certainly want the latest AI when it becomes widely available. They will just make the super rich even richer in the future.
The politicians are elected by the people. If they don’t do what the people want, they get fired by the people.
Lobbyists can’t buy off politicians because the politicians would get fired.
The lobby by the Koch brothers to defeat regulation of oil & gas is not some fantasy, nor is the pharmaceutical lobby. Lobbyists can't buy off politicians did you really say that, you have no idea how much dark money impacts your life.
Somewhere around 98% of incumbents are reelected, so I guess everyone is happy with high drug prices.
If people were going to do that, then they would have already done it decades ago.
But nope, everybody wants the latest iPhone, uses Google and YouTube and Amazon and Netflix. They will certainly want the latest AI when it becomes widely available. They will just make the super rich even richer in the future.
Yep, and as they are WILLING participants in making the rich even richer, they have no standing to complain about the results of their own VOLUNTARY actions.
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