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And that’s basically it!
If we taxed the wealthy at 1950s rates we’d get it paid off quickly
just fyi - the US national debt is $36 trillion. That's about $110 million per American. So hey folks, what say we all chip in and get that thing paid off!
But wait, we could just make the billionaires pay it! Sorry no, the combined net worth of all 900-ish billionaires in America is less than $7 trillion. That's how deep in debt this country is.
I still see on other social media on blaming everything and everyone on the growing debt, but not on taxing the rich.
They all ready get my taxes
The bottom half of US wage-earners pay net zero in federal income taxes. The top 10% pay the obscene majority of it.
What I mean is it's a safe bet that any random person whining about their federal tax dollars doesn't actually pay much in, if any.
How about give me all the fucking social security I paid over the course of my career first, instead of handing it to like 12 billionaires who definitely don’t need it?
Current social security taxes go straight to current social security stuff. Its a paygo system. It used to be something like 15 wage earners per current social security recipient, but as of when I last read up on it, that was down to 3 to 1 and continuing to slide towards the red.
The first social security recipient paid in like $15 before retiring and then collected like $20k or something before dying.
I'm sorry are my taxes not enough? Try taking some from the billionaires you just gifted milkions in tax breaks..
I don't even understand why someone with 100 million needs a billion or a milkion... There's no end to unchecked ambition.
It's not about the money. It's about status and control.
Sorry, I don't tip.
I do, but only for good service
As we tend to say in Europe, the US is a third-world country wearing a Gucci belt
A Gucci belt made in china
A Gocci belt made in China.
So, pay the government more money (socializing the losses) while the government funnels that same money in to executive pockets (privatizing the gains)??
Don't we already do this with taxes? Why would anyone do this?
You know those payment machines where you walk to a counter, order, and they ask for a tip?
That's what this is, but at a federal level.
Thats already a thing in taxes. There are a few programs you can donate directly to or just pay more to the general government fund. Which is fair enough, whether you're feeling generous or want to throw on a bit extra to cover your ass in case of math error or forgotten revenue that's a reasonable thing to offer though most won't.
But yeah the feds hitting you up for a few bucks on venmo would be bad enough if they hadn't just slashed taxes on the rich, raised them on the poor, ballooned the budget, ramped up tyranny, and slashed the things the government does that actually benefit people.
People are donating out of the goodness of their hearts, of course. Clearly, relieving a teeny tiny drop in the massive ocean of public debt is a more worthy charitable cause than giving directly to organizations that provide clean water, education, or disaster relief.
Not surprised Thiels/Musks paypal/venmo are onboard.
This is just an absurd attempt to derail arguments about fair taxation by waiving a red herring around about people being able to voluntarily increase their own taxes, as if asking for a fair system is the same as utterly destroying your own solvency.
Can I send them a request?
What’s the Venmo address so I can request money from it?
