too bad it's Massachusetts though and all that money is going to funnel into the pockets of politicians via corrupt public works projects.
this post was submitted on 21 May 2024
545 points (99.5% liked)
United States | News & Politics
7211 readers
282 users here now
founded 4 years ago
MODERATORS
The idiots crying in the comments for the poor millionaires :D
Is 1mil$ usd in free assets enough to be considered one or is this like not cutting it anymore?
Cause I always have problems where to put myself in this debate. I still wanna evade taxes but also want to be able to shit at rich ppl for free points online
Tax wise I am a fucking farmer can you believe. I played manor lords and stardew valley though
Dude, the amount of money you have is not really the point, but in this world rich ppl usually are such because they exploit workers. If you made your wealth entirely by your own work you are not a capitalist, so enjoy life, pay your taxes and I wish you the best.
I am a half capitalist half communist. Is there a name for this?
Please elaborate: in which way you are half capitalist?
My father was communist and my mother was capitalist. I am mixed breed
No, you are either a troll or you think that capitalism and communism are DNA traits, in which case you are simply stupid. I don't know what's worst.
Gotta pick one, it’s 50/50
We the people have decided to take control of the trickling down, because we haven't been seeing any trickling
Massachusetts can build a fucking railroad with this money
muh trickle down
Super straightforward and basic idea goes BRRR
That is a lot of money for a state.
In Minnesota, we raised sales tax for a county of 1.2 million people for 20 years to pay $355 million for the Twins stadium.
This money could fund schools, or public transportation, or just tax cut for the people that actually need the money.
Increase the millionaire tax.
$1.8 billion can buy your state 6 new stadiums!
Or something actually useful
Fund those services!
Oh no! Now we won't get that trickle down!
We get mandatory trickle down now haha
But don't you know, you can't tax the wealthy, they'll just leave! It'll never work, and you'll never get more income.
There are some interesting articles about supporting the greater good improves wealth generation.
https://minnesotareformer.com/2024/05/06/the-timberwolves-are-crushing-just-like-minnesota/
Not when you're tech centered. Look at the top occupation for immigrants by state. They are all maids care workers, construction and farm hands... except Massachusetts. In Massachusetts the top immigrant job is programming.
Wow haven't they heard of capital flight? All of the millionaires are gonna leave or something
4% tax increase for income over $1M? Jeez, time to move out
And give up all those connections in the state.
Nah the vast majority of rich people will probably stay but they will whine about the necessary tax increases like always.
Some will, but probably not that many. There are still plenty of millionaires in California in spite of the state’s tax law.
Yeah, people with all the money in the world are gonna give up their Malibu mansions with private beaches and sick views to move to North Dakota to avoid taxes 🙄
I guess super rich people in Boston might move to New Hampshire but it’s still a huge step down in amenities, proximity to workers (for the job creators), and social events (for the benefactors). And then your adult children are borrowing the helicopter to go everywhere.
They're also not suffering at all whatsoever right now and can easily afford it. Some even are open to just paying a tax if it means people feel less hungry for their faces.
Ooh ooh now do billionaires.
I know it’s not just millionaires, but they should feel the name shame.
Quit shaming me for not being a billionaire. Damn librul agenda making me embarrassed trying to steal my food stamps.