Increase Taxes!!!

[disobey]

That's right. Tax the living shit out of us. Why? Because the idea of taxes is just a false flag to divert people's attention from more important matters. Taxes don't even really exist. You all probably know this. When you get taxes taken out of your paycheck, you file your taxes at the end of the year. When you get your tax refund check, you get back most of what you paid. So what you probably call taxes are just a short term loan to the government. Also, taxes are in fact good. Because when you get your tax refund, you get it in one big lump of money. That enables you to buy something expensive that would normally be out of your price range.

 

[georgephillip]

https://www.counterpunch.org/2023/09/07/which-nation-has-taxed-the-rich-the-most/

"Eight decades ago, at a pivotal turning point in American history, our nation’s richest faced a 94 percent federal tax rate on their income over $200,000, the equivalent of about $3.5 million today.

"At that point, near the end of World War II, only one other nation — the UK — taxed its rich at a steeper rate.

"The wealthiest Brits ended the war facing a 97.5 percent tax on their top-bracket income.

"These stiff top tax rates — all nearly unimaginable today — would help usher in a generation of unparalleled economic progress for average Americans and Brits. And those rates ebbed only slightly in the postwar years.

"In the 1950s, America’s richest faced a 91 percent top tax rate. The GOP president then sitting in the White House, Dwight Eisenhower, made no move whatsoever to hack that top rate down.

"Overall, notes the economist Thomas Piketty, America’s wealthiest faced an average 81 percent top tax rate between the years 1932 and 1980, one key reason why our richest 0.1 percenters — over the course of the 20th century’s middle decades — saw their share of the nation’s wealth sink from 25 to just 7 percent."

Today some variety of a wealth tax would be required to remedy the gross levels of economic inequality we see all around us.

AUGUST 11, 2023The Cheapest Tax Ever: Taxing Share Buybacks
BY DEAN BAKER

 

[protectionist]

That's right. Tax the living shit out of us. Why? Because the idea of taxes is just a false flag to divert people's attention from more important matters. Taxes don't even really exist. You all probably know this. When you get taxes taken out of your paycheck, you file your taxes at the end of the year. When you get your tax refund check, you get back most of what you paid. So what you probably call taxes are just a short term loan to the government. Also, taxes are in fact good. Because when you get your tax refund, you get it in one big lump of money. That enables you to buy something expensive that would normally be out of your price range.

Is there a doctor in the house ? I mean really.