I don’t care who it was the tax rate for, a 70% tax rate is stupid. Takes any incentive for working beyond a certain point out which stifles innovation and is the death of a growing and cutting edge society.
Yeah, what would we ever do without today’s billionaires? I can’t imagine a world without guys like Elon Musk spending their endless money on controlling narratives on social media instead of contributing a much larger share to social programs and infrastructure. He’s always finding ways to innovatively call people pedos, and without that, we’d be much worse off as a society.
I fully understand tax brackets. I’m an Executive Director over a multi million dollar organization and core member of the financial and accounting teams, responsible for auditing income statements and the like. I also own a private business and do all the accounting and payroll myself.
The real problem here is, I’m a proud capitalist, and seem to have wandered into communist and/or socialist lemmy communities on accident because this post showed up on my home feed for some unknown reason. Pardon my making sense. I’ll see myself out.
I don’t care who it was the tax rate for, a 70% tax rate is stupid. Takes any incentive for working beyond a certain point out which stifles innovation and is the death of a growing and cutting edge society.
Yeah, what would we ever do without today’s billionaires? I can’t imagine a world without guys like Elon Musk spending their endless money on controlling narratives on social media instead of contributing a much larger share to social programs and infrastructure. He’s always finding ways to innovatively call people pedos, and without that, we’d be much worse off as a society.
Tell me you don’t understand tax brackets without saying you don’t understand tax brackets.
I fully understand tax brackets. I’m an Executive Director over a multi million dollar organization and core member of the financial and accounting teams, responsible for auditing income statements and the like. I also own a private business and do all the accounting and payroll myself.
The real problem here is, I’m a proud capitalist, and seem to have wandered into communist and/or socialist lemmy communities on accident because this post showed up on my home feed for some unknown reason. Pardon my making sense. I’ll see myself out.
You’re a lazy good for nothing bloodsucker, like all capitalists.
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👍 cool bro
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Fucking idiot, holy shit.
… you realise this is 70% past a certain point? Like everything after 1 million was taxed 70%.