Re:We shouldn’t push a positive mindset on those in poverty
by iso1210 on Saturday February 19, 2022 @01:15PM
(#30399144)
The top 1% don't work for income. They aren't going to do an extra 10 hours this week because they need to save for a new boiler, so why would restoring tax rates to Reagan era rates result in less work being done?
Re:We shouldn’t push a positive mindset on those in poverty
by NovemberWhiskey on Saturday February 19, 2022 @02:25PM
(#30399727)
The poster means the top 1% of income tax payers. Also: you pay income tax on income whether you work for it or not. Try leaving your 1099-DIVs out of your income tax return and see how that works out.
Re:We shouldn’t push a positive mindset on those in poverty
by DarylZero on Saturday February 19, 2022 @02:15PM
(#30399646)
LOL "earn"
The top 1% take out of the economy a LOT more than they put in. Anything that limits their ability to "earn" is benefiting the rest of society. It is also benefiting the environment & future generations' resource availability.
https://www.heritage.org/taxes/commentary/1-chart-how-much-t...
https://en.m.wikipedia.org/wiki/Laffer_curve