All I can say is, we live in a world where more people are getting rich and bathe in austerity. Robin Hood has always been considered a good guy because he basically done the opposite of austerity- take from the rich and give to the poor. I guess austerity has come to such a place that even laws will be take from the poor and give to the rich I disagree with it entirely. I think everyone on this Earth should have equal opportunity even if that means helping poor families out at the cost of some rich family getting their third outdoor swimming pool. Im not sure how related this is but there was a study of how much money actually relates into happiness and it was something like £125k per year or maybe it was less I cant remember (which is a fairly high wod of cash but it's not insurmountable) was the limit to how much earned relates to happiness... Hence why i feel people with more should be taxed quite heavily in order to benefit those that actually need it.
Yep. If the bush era tax cuts for the wealthy proved one thing - it's that the benefits of tax cuts for the wealthy don't trickle down to the poor.
This is how we were taught in civics. There are 4 quadrants to the system 1:Employees 2:Small Business 3. Investors 4: Big Business The reason quadrant 4 people don't get taxed heavily is because they create jobs and those people with the jobs create more taxes....
Lol all i have to say now is allah ackbar and im a terrorist to the wealthy :^) which is ironic since isis is very wealthy :lol: Jokes aside, taxing the rich should mean giving and benefits to the poor until it all balances out... But it doesn't work like that. The other problem in this world is tax avoidance. So the rich end up paying less than the middle class in taxes even if the tax rates are higher for them.
Technically, if you take someone that makes 100k per year, and they get taxed 10%, and someone who makes 50k a year and they get taxed 15%, the person who gets taxed 10% actually pays more. So, it kinda almost equals itself out, but not exactly.
Long term capital gains Did you know that even if you can afford it, the IRS will not allow a natural person to become an investor unless their net worth is more than $1 million? It doesn't get more black and white than that - only the rich are allowed to get richer.
@chese That's messed up. You'd think in this world where everyone idealises equality that there would actually be some equality between the rich and poor.
Yeah but they won't stop. Most of them dont even do it illegally. They do it legally and still dodge so many taxes.
just curious that appears now the study...corruption is something habitual in all places... here in spain its not anything new,all corrupts are out of prision and they enter by one door with the judges and go away by the other door... So whats new in that?democracy is the solution to give to corrupts the power to steal to who votes them... Always it have been so and always will be so... The only solution to this problem is to change the mind from we are children...but always there will be somebody that tell you that you have to earn more...and you always will try to get more and more in place of living your life