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Reply to "Democrats getting a lesson in Economics 101"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Don't ever let this man get near the oval office. ..... and $73 Billion deficit. [twitter]https://twitter.com/CityJournal/status/1776576840703811992[/twitter][/quote] How many do we need to explain that this deficit is tied to the vicissitudes of the tech and media economy in California? When IPOs and VC were hot, they had a huge budget surplus. This is really no different and definitely not because it's Newsom's fault. You conservatives really are that ignorant. [/quote] [b]You can’t keep taxing the 1%[/b] while providing more and more benefits like health insurance to all undocumented migrants, free residential drug rehab for anyone in the country who enters CA and says they are going to stay (the vast majority aren’t successful and way too many end up as homeless addicts in the streets), etc. The highest tax rate in CA is now over 14%. It is by far the highest in the country. So many very wealthy CA are leaving the state. So the state was counting in getting those taxes no longer are. 75,000 people left CA in 2023.[/quote] They hold over 30% of the wealth in the US, why the hell can't or shouldn't we? Tax the hell out of them and if they try to leave the country exit tax the hell out of them. Billionaires shouldn't exist. Hell, hundred-millionaires shouldn't exist when people are on the streets and going hungry. I have zero sympathy for any of them. [/quote] +1, actually, we once did this and radically narrowed inequality in this country. Too bad you MAGAs only want to make America great with the racial segregation and LGBTQs in the closet and your own brand of McCarthyism (except you now love the Russians) of the 1940s and 1950s instead of the tax structure of the times.[/quote] Why do idiot Democrats constantly point out to ‘90% TaXes iN tHE 1950s!!’…. As if they are making some point. No dimwits, why don’t you also tell us what the tax code at the time was as well? That’s because if you actually took those tax brackets in their historical context relative to the tax code at the time you’d realize it is a nothing burger. Back then, the tax code was also infinitely more complex and there were tons and tons of more tax breaks and write offs. Virtually zero people were paying 90% rates after you factor in the tax code, but Dems never tell you that. Taxes as a percent of total GDP have stayed remarkably consistent for decades, which is also a fact Dems never tell you when they try to say we need more taxes like we used to in the past. The only problem is that we really didn’t have more total taxes in the past. What is different is the current mentality for more free govt handouts and spending. Learn some facts: [img]https://i.imgur.com/yXJbFZO.png[/img] [/quote] Even if this is true, it's irrelevant. Even if the tax rate for rich people had always been 0% that doesn't mean we shouldn't tax the hell out of them now. They make every dollar they have off the backs of the working class and every dollar they make is thank to government infrastructure. They can afford it, they should pay it. [/quote] Ok comrade. Or you could stop being a lazy rag, start your own company, and then pay yourself west you think you’re worth. But of course it’s always easier when someone else does all of the heavy lifting and creates a job for you. You’re a lazy bum. [/quote] You understand that most of these billionaires started out on 3rd base, right? If you really want everyone being judged and compensated on their own intellect and drive, then everyone should have the same starting point, right?[/quote] Bill Gates started his company out of a garage, dimwit. Bezos didn't grow up in a remarkable household. Howard Schultz didn't even grow up with running water. You just sound like a good little lazy commie. Too lazy to start your own company. Every excuse in the book why you can't do it. The solution of course is to take from what others created, because you 'deserve' it. What a bum.[/quote] Meh. They can part with some of their loot.[/quote]
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