So the US budget in 1900 was sustainable just with 8% taxes even if the 1900s economy was much much smaller than now.
Now most of the US budget is full of useless socialist and crony shit what makes ten times more harm than good. Somehow US politicians still advocate for even higher taxes and punish other countries with less taxation. Even the normies are advocating for higher taxes.
When will this ever stop? What is the optimal amount of tax? Will we tax ourselves into utopia? Just 10% more and we will reach the perfect society where everyone is happy?
Why 40% tax is better than 8% tax??
Matthew Cooper
Jackson Perry
Leo Peterson
Christian King
Luis Scott
The 40% tax rate applies to very few people. I don't know if this is still the case, but fox said in 2010 that 50% of americans pay no income taxes at all.
And honestly, I, personally don't have a problem with taxes if they don't affect normies or if they benefit them. I am not a lolbertarian
Liam Clark
Owen King
>The 40% tax rate applies to very few people.
I talk about 40% of gdp. That's all taxes combined. And it doesn't matter if you tax a corporation. They have to rise the prices of their products proportionally to taxes. Always the value creators/average workers pay the taxes.
Sebastian Rivera
The 40% is the top INCOME tax, it doesn't apply to corporations, the corporate tax is 25% and no large corporation is paying it, because they are leeches who use double dutch, or similar techniques to avoid it.
Brayden Nguyen
> no large corporation is paying it, because they are leeches who use double dutch, or similar techniques to avoid it.
is that corporations fault or the politicians who allow it in the first place you dumb fuck
Evan Nelson
I didn't say it was their FAULT. I just stated what they were. I would argue it's the fault of neither of them directly, but of the legislation that allows for lobbying, which logically leads to situation now
Benjamin Parker
>The 40% is the top INCOME tax
Read my fucking comment again you dense fuck.
"I talk about 40% of gdp"
Also:
I literally posted the spending. That money is not falling from the tree. That can only come from taxpayers directly or indirectly. Loans and inflation is also paid by the citizens. Everything else is lie and trickery.
Mason Barnes
>40% of GDP
What 40% of GDP? The spending? I thought this was about taxes? Well in any case, yes, american spending is abhorrent, especially since the average citizen doesn't even get much from the government, other than a few laws and protections from sweatshop labor practices
>That money is not falling from the tree
It's printed. I see you don't know how the US economy works and neither have you heard about the FED.
Not in any way related to taxes
Eli Powell
>It's printed. I see you don't know how the US economy works and neither have you heard about the FED.
Oh my fucking god. You are truly retarded. You can't load more than one statement into you mouse brain.
I exactly said "That can only come from taxpayers directly or indirectly. Loans and inflation is also paid by the citizens.".
If they buy real value from printed money someone has to produce that value. They get real stuff for nothing. Inflation is indirect taxation.
Nathan Diaz
The printing DOESN'T come from taxpayers only however you retarded mongoloid. It affects absolutely everyone, even the ones who fall bellow tax threshold
Nathaniel Perez
The ultimate goal is to be like finland, where the average person pays 70% of their income straight out of their pay, then another 20% in taxes elsewhere like VAT or excises on petrol (petrol excise is currently over 200% in finland). What this does is it creates wards of the state rather than citizens. If you're european this is fine to you because you have been raised to see the state as an all-powerful and caring parent. If you're a self-governing country like the US or South Africa, you don't want this at all.
John Roberts
Yes, but you're blaming the socialist bullshit exclusively, when you should include the parasitic national security state.
Remember WW1 was the initial justification for the income tax.
Our national security state has roots as far back as Secretary of War Stanton murdering Lincoln and attempting to coup the government.
Jackson Rodriguez
It disproportionately affects the common person; those closest to the banking system can purchase services at prices that were set based on the current value of $.
Look into Cantolian effects.
Nathaniel Brown
>Even the normies are advocating for higher taxes.
The trick is you promise to raise taxes but you say you'll actually cut taxes on normies. Once you begin manipulating people with lies like "You won't pay taxes if you vote for tax hikes." and get the media behind you, you can do a lot more.
Kevin Wilson
Yeah, but the other guy was talking about taxes, which many people don't pay, at least don't pay most of them. Inflation DOES affect everyone though, except elites, I agree
David Torres
I love when dumb people are arrogant and smug even if they are totally in the wrong. :D
When I say "Inflation is indirect taxation" what that does that mean to you? Is that a bunch of random character? Or you see the words but can't combine them into a sentence?
Leo Bell
He's discussing the economy at a macro level. & it's interesting you generalize the effects of inflation but not taxes.
William Bailey
>but fox said in 2010 that 50% of americans pay no income taxes at all.
Yeah, this is pretty much how it goes. Half of the population lives off taxes and the rest pays up. And for those that pay it, we often need to take out loans to pay the government. Fuck that shit and fuck the welfare bums.
Dude, he's referring to overall revenue including sales taxes lmao.
Michael Edwards
Inflation is not taxation you moron. It's inflation. The money becomes worthless and prices increase. The effect is not the same. You actually get something for the taxes you pay mongoloid. What do you get from inflation? Nothing. You are just applying everything to taxes because you are a retarded zoomer who want's to sound smart