Yeah we should totally just tax everyone making over 500k at 100%. That will solve all govt funding problems and finally allow the govt to socialize everything. I’m sure the utopia is just around the corner. Just gotta get those rich assholes that don’t pay their share. Modern slavery is in voluntary contracts, not involuntary debt to the state!
And this comment is supposed to tell us what ?
That grayman is a doofus
Lemmy seems to be worse than reddit with basic economics.
You’re a doofus
It’s pretty bad. I doubt anyone downvoting you even knows what the Laffer curve is.
That’s just a right wing theory to them. Despite the claim otherwise, they do not follow the data.
What happens to money when you tax it at a high rate? It moves to another country.
You can’t tax a country into prosperity.
Guess we’ll just have to trust good ol trickle down economics!
Yeah we should totally just tax everyone making over 500k at 100%. That will solve all govt funding problems and finally allow the govt to socialize everything. I’m sure the utopia is just around the corner. Just gotta get those rich assholes that don’t pay their share. Modern slavery is in voluntary contracts, not involuntary debt to the state!
Idc? That money isn’t getting taxed anyway so they aren’t participating in society so these people might as well gtfo.
Stop. Protecting. Billionaires.