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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe if corporations could reduce the compensation of CEOs and shift that pay to the people who actually do the hard work, they wouldn’t have to raise prices.[/quote]

This seems like the obvious solution to me.  No one’s labor is worth 10s of millions a year.  No one’s.  [/quote]

I agree but I’ll take that over what socialism would eventually do to this country.[/quote]

A tax code that doesn’t favor the wealthy and corporations is not socialism. [/quote]

Please stop with this mythical Dem talking point. The tax code doesn’t favor the wealthy. Just the opposite.

The top 50% of earners in America pay 97% of federal income taxes.

https://taxfoundation.org/data/all/federal/latest-federal-income-tax-data-2024/

The top 1% of earners pay 45% of federal income taxes.

“Their study showed that the top 10 percent of U.S. taxpayers paid a larger share of the tax burden than their counterparts in other countries and our poorest taxpayers had the lowest income tax burden compared to poor taxpayers in other countries due to refundable tax credits such as the Earned Income Tax Credit and the Child Tax Credit.”[/quote]

That is because the bottom 50% of earners aren't even making enough to make ends meet. They pay sales tax and through their rent, property tax and these are disproportionate and regressive. The main problem is, the tax code, with capital gains breaks, stepped up basis at death etc allows the wealthy to consolidate their wealth and pass it ALL on.

I have no problem with wealthy people saving and passing on, but there has to be some sort of limit. Exempt, what, the first 10 million? That should cover the mythical family farm or family business. Hell, even take it to 20 or 25 million. But after that, there should be taxes on the estates. No one should be born with a billion dollar trust fund and then end up like the Oligarchs in this country.[/quote]

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