dermdoc said:
barbacoa taco said:
Yes, it's wrong. Call it what it is: wrong. These billionaires hire a team of lawyers to avoid paying taxes which amounts to hundreds of billions in lost revenue, which affects the working class the most, who obviously can't avoid paying taxes like they do.
Income inequality used to be not near as big of a problem. Supply side economics have had a devastating impact on the lower class. Nearly all of the benefits went to those at the top, and of course the bottom 50% got screwed over.
You have an incredibly messed up sense of morality if you think it's perfectly fine for billionaires to avoid paying taxes but think it's evil for taxes to be used to pay for programs that benefit poor people.
So got it. You think it is wrong. But is it illegal?
So were there less poor people when marginal rates were higher? I do not believe higher tax rates on say, the upper 5% has anything to do with poverty rates. If it did, I would think the dems would have data and loudly proclaim that.
Sounds like you just want to punish the wealthy.
And I wish there was no poverty also. But higher marginal tax rates does not do that historically. Let's do something that actually works and is just not based on envy of the rich.
https://www.chicagobooth.edu/review/do-higher-taxes-reduce-inequality
Oftentimes yes, it is illegal. Do you think these people are good law abiding citizens? If they want to avoid paying something, they'll find a way. They likely won't be prosecuted, and if they are, they have a legal team to fight it.
I'm guessing you've convinced yourself that my whole message is just a diatribe about how "rich people bad," in which case I'm disappointed with you, again. You should know by now i'm not on some crusade against rich or successful people. And it bothers me when conservatives play victim about this and say that the left just wants to "punish success" or whatever ridiculous spin they give it.
I want to punish the unethical ultra high net worth people, who have historically used their power to oppress the lower class, steal their wages, deny them healthcare, pension, and benefits, and then support politicians who cut their own taxes at the expense of the lower class. And then they have the nerve to say that lower class people are "entitled" for wanting to be treated with basic dignity and enact policies that help them afford to live, raise kids, and have proper healthcare.
I always go back to the famous Judge Judy quote: "dont pee on my leg and tell me it's raining."
And yes, this does hurt people. It increases the deficit by trillions. It makes politicians vote down very good and reasonable policies like paid sick leave, paid parental leave, and school lunches (which have been unequivocally proven to yield positive results) with "bUt hOw We gUnNa pAy fOr It??!1?" The same people who cite this ridiculous line have no problem signing away billions of dollars to fight foreign wars (Iraq, Israel) or bail out banks and major corporations (2008, covid). Keep in mind, people who will gladly do this will find a way to justify it, but if any public money is used to help the poor it's condemned as "evil socialism."
So yeah, basically I'm tired of being lied to, Derm. We have the money and power to enact real policy to help working people and fight inequality, and every day we make the active decision to not do it. Both parties are guilty, but the GOP is more openly hostile about it. The Democrats pretend to care, but at the end of the day will always prioritize their corporate interests.