Says who? |
The soviets and maoists were authoritarians not communists. |
You have been brainwashed.
Kentucky in 1964 |
What's interesting is if you start comparing how progressive our tax system is compared to other countries. As cited above, 72% of the total tax burden paid by the top ten percent in the U.S. What is it in other places? Glad you asked! Well, here it is for all of Europe. The highest in all the european countries is 56%. https://taxfoundation.org/data/all/eu/top-personal-income-tax-rates-europe/ Canada is 54%. https://www.wealthprofessional.ca/news/industry-news/canadas-top-10-income-earners-pay-over-50-of-income-taxes-says-study/325551 Australia is 48%. New Zealand is 50% https://thefacts.nz/nzs-5010-and-1050-income-tax-rule/ Our tax system is as progressive as hell, and you want the wealthy in the U.S. to pay even more. It's your only answer to every problem. |
Communism requires authoritarian rule to stop the rewarding of excellence |
The part you leave out is that the top 10% pay 72% of the taxes but they also hold 72% of the nation's wealth so what they are paying is in fact proportionate and not in any way unfair. Meanwhile the 48 and 50% tax rates of Australia and New Zealand are proportionate with how much of the nation's wealth they also hold. Their top 10% isn't as lopsided as ours is. |
Now break down the salary range and taxes paid in the top 10%. It’s a WIDE range and people who WORK for their money and can’t afford to put kids through college are taxed more than the idle rich. |
Where are you getting that the top 10% hold 72% of the wealth? Citation. Moreover, do we have a wealth tax in the U.S.? |
This article says 71.2% of America's wealth is held by the top 10% https://invezz.com/news/2025/04/04/us-wealth-inequality-hits-new-high-as-top-10-now-own-71-2-of-nations-wealth We don't have a wealth tax but I think Elizabeth Warren's is a good proposal. If your net worth is $0–$50 million you pay 0% wealth tax - No tax for 99.9% of households If your net worth is $50M–$1B you pay 2% annual tax on net worth above $50M If your net worth is over $1B you pay an extra 4% to make it 6% "Net worth" includes real estate, stocks, trusts, retirement accounts, personal property over $50K, and foreign holdings The proposal includes anti-evasion measures: - 40% “exit tax” for wealthy citizens who renounce citizenship - Minimum audit rate for ultra-wealthy - Expanded IRS enforcement and third-party reporting Penn-Wharton estimates this would raise $2.3-2.7 trillion over 10 years toward paying down the debt. |
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Zuckerberg now owns 2,300 acres of Hawaii. Locals are devastated. |
F*ck that guy. God, he sucks. |
Maybe there is something to the "Old Money" vs "New Money" stereotypes. Old Money seems more likely to subscribe to noblesse oblige, or at least see value in pretending that they do. |
Zuck should do what the Google Guys did and get a real CEO to be the face of the company while he semi-retires and focuses on fun projects, and--most importantly--stays out of the limelight. The more people get to know him, the less they like him. Not everyone is blessed with charisma. |
David Rubenstein has his Patriotic Philanthropy as well as the Panda Pavilion and he has funded scholarships at Duke and University of Chicago and has given to Hopkins. But you are essentially correct. |
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Trump has demonstrated that if you are a billionaire and have no shame, you can get away with anything.
Zuck, Bezos, and Musk all became emboldened and more obnoxious, after Trump won the GOP nomination a second time after refusing to step down peacefully and attempting to use an angry mob to pressure congress into overturning a vote. |