ObjectivityIncarnate

  • 0 Posts
  • 49 Comments
Joined 2 years ago
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Cake day: March 22nd, 2024

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  • it’s such a serious threat to the country’s financial stability that we should chicken out and stop taxing the rich.

    No one’s saying this, this is a straw man.

    It’s just a simple fact that there is a ‘sweet spot’ when it comes to maximizing tax revenue. It’s the same as if you’re selling a product for $10, then 100 people buy it, and you assume that you’ll double your $1000 profit if you sell it for $20 instead, but then the number of buyers went down to 10, and now your bottom line is $800 less, instead.

    “Just tax them more” is not the simple/obvious solution it appears to be on the surface. Also, people don’t just not react when stuff like this changes, to protect themselves; just compare tax revenue presently to what it was when it capped out at (iirc) 91%.

    And even IF ‘turning that dial’ simply increased tax revenue, it needs to be combined with that revenue being spent productively, for it to make any difference at all. Hell, I think the US already brings in more than enough tax revenue to do everything we want it to do, if it was doing it as efficiently as it could be.




  • Assuming you could wave a magic wand and convert their net worth straight into cash 1:1 (you can’t), you couldn’t even do the last thing on that list, much less all the others:

    Assuming in the US, using 2023 figures:

    • Total combined net worth of all billionaires (remember, you can only “take all their money” one time): $5.2 trillion
    • Total annual healthcare cost: $4.9 trillion

    Too many people have been deluded into believing that ‘the billionaires’ are capable of easily solving all societal ills if only they gave away their wealth, and aren’t they such assholes for keeping their wealth and not solving them?

    Most people are not nearly aware of the actual costs of these things.







  • You said something stupid, and it was identified as such. That’s not being offended.

    Though the fact that you had to assume several things about me personally to rationalize the way you behave, as your ego is apparently just too fragile to conceive of the possibility that YTA, says a lot, and makes me wonder if you’re available in IMAX.


  • What’s your source on that? Your arse?

    Good luck finding a single source in any country that has females being on the receiving end of violence more often than males per capita, overall.

    I think you’re an incel who hates women and doesn’t care about violence against them.

    That’s because you’re enough of a fool to think caring about male suffering is misogynistic. All I did was point out your deliberate blindness to the suffering of half of humanity, by describing the half that is assaulted and killed less, as the half with the ‘epidemic’ of violence against them.

    It’s like when the reaction to 11% of journalists killed the year before being women is to say “stop targeting female journalists”. You’re so deeply sexist that the 89% who are male don’t even land on your radar.