this post was submitted on 25 Jul 2024
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[–] [email protected] 4 points 1 month ago

Tax Reform Act of 1986

The Tax Reform Act of 1986 was the top domestic priority of President Reagan's second term. The act lowered federal income tax rates, decreasing the number of tax brackets and reducing the top tax rate from 50 percent to 28 percent.

Name and shame: Ronald Reagan

[–] [email protected] 7 points 1 month ago

Scrooge McDuck ass economy

[–] [email protected] 0 points 1 month ago

Le capitalisme

[–] [email protected] 11 points 1 month ago

Nah but it's the poor woman and child fleeing crime & poverty from south of the border who is the problem!!! /s

[–] [email protected] 6 points 1 month ago

Makes me hungry.

[–] [email protected] 10 points 1 month ago (3 children)

what are they going to do with all that money?

hint:

[–] [email protected] 2 points 1 month ago

Spaaaace! So much space. Gotta see it all.

[–] [email protected] 2 points 1 month ago (1 children)
[–] [email protected] 0 points 1 month ago

Slavery & Slaughter

[–] [email protected] -5 points 1 month ago* (last edited 1 month ago) (2 children)

This is a completely meaningless figure...

I really hate when articles come out with this kind of data. Huge numbers like this without any context just mean nothing. Ok, 42 trillion$, how much money did they already have? How much percent did their fortunes increase? Is that more or less than inflation?

It's just a meaningless huge number that has no intention other than to shock, certainly not to inform or they would have given actually useful numbers that would actually let you have an idea whether it's that bad or not...

I hate that people keep falling for nonsens like this.... Just post a huge number without any context or any other numbers needed to be able to make sense of it, and everyone is like "omfgwtfbbq, this is SOOOO bad"! Is it? It's perfectly possible that this isn't even enough to keep up with inflation, and they're technically poorer, probably not, but we'll never know from this useless article...

[–] [email protected] 0 points 1 month ago (1 children)

Ladies and gentlemen, gather 'round and see the spectacular boot-swallowing man!

[–] [email protected] 2 points 1 month ago

Ah yes, i can't critisize such stupid articles without opposing their message... I'd love more equality, and agree that something should be done about it.

I just would love to see actually useful numbers that mean something when we make a fuss about it rather than useless info like this that is meaningless.

How you interpreted my message as bootlicking is beyond me, but i guess you're a youngling that interprets any critique as an attack?

[–] [email protected] 7 points 1 month ago

Your right. We need names & addresses.

[–] [email protected] 2 points 1 month ago

Taxes won’t fixe this, but an 18th century invention might.

As long as the rich have the means of wealth generation they will always come ahead no matter how much you tax them. They will always buy back the system. Now if those means were somehow communalized then things could change once and for all.

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