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Consequences (lemmy.world)
submitted 2 weeks ago by DougHolland@lemmy.world to c/aiop@lemmy.world
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[-] DaGeek247@fedia.io 53 points 2 weeks ago

I want to believe that people will eventually realize that cutting taxes is bad

It doesn't have to be. Harris' tax plan cut taxes on every bracket except the richest, and we still ended up with more income than we started. The top 1% really are earning way more than anyone would ever need.

[-] gibmiser@lemmy.world 43 points 2 weeks ago

earning

Woah slow down there partner, I believe you are giving a bit too much credit there

Receiving is neutral and still points out they are not working for that money.

[-] DaGeek247@fedia.io 8 points 2 weeks ago

Shit, you right. Wrong word.

[-] Kalcifer@sh.itjust.works 2 points 2 weeks ago

Harris’ tax plan cut taxes on every bracket except the richest, and we still ended up with more income than we started.

Could you cite a source for that claim?

[-] DaGeek247@fedia.io 3 points 2 weeks ago
[-] Kalcifer@sh.itjust.works 2 points 2 weeks ago

I may just be blind — apologies if that turns out to be the case — but I can't find where your source claims that net tax revenue would be higher under Harris's tax plan.

[-] DaGeek247@fedia.io 2 points 2 weeks ago

I looked too; it doesn't have that stated. Looks more like the plan was more of a rework of current taxes than a tax increase. I feel that my point is still made regardless though.

[-] Kalcifer@sh.itjust.works 2 points 2 weeks ago* (last edited 2 weeks ago)

I feel that my point is still made regardless though.

Hm, well, the following point from your comment is currently conjecture, as you've provided no source for it:

Harris’ tax plan cut taxes on every bracket except the richest, and we still ended up with more income than we started.

[-] DaGeek247@fedia.io 1 points 2 weeks ago

My point being that taxes and the system in general are so messed up that we could acheive a lot of our other goals by rearranging the current tax mess into something less awful.

We don't have to start with 'more taxes' in order to accomplish a reasonably run welfare system.

[-] Kalcifer@sh.itjust.works 1 points 2 weeks ago

We don’t have to start with ‘more taxes’ in order to accomplish a reasonably run welfare system.

I'm inclined to agree, though there may certainly be facets that I haven't considered.

this post was submitted on 08 Dec 2024
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