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| Topic | If you make 120k+, 50% of your income (at least) should be taxes |
| Dynalo 04/27/18 1:51:13 PM #18: | RoboXgp89 posted... that's life, basically any complaint about living conditions or homelessnous in this country will never be solved because they can just bus us 1000 miles south or 1000 miles east like we're state property Not quite what you mean, but individual city and state tax regulations is partially to blame. Corporations will go where it's cheapest to operate. Should one city or state say "all corporations are subject to a 25% tax on all profits. No deductions permitted", another city or state will immediately say "We want those jobs. We'll offer tax breaks if you move here and operate", with the intention that they'd make more off the workers than they would give to the corporation. And it works. The corporation makes more profit. The city makes more profit in taxes from the additional jobs. And the working class loses because more of the tax burden is placed on them. You would need to regulate things on a global scale, or at the very least, a national scale, to see any change like that. States and cities will naturally compete against each other to get those jobs. Just look at Amazon literally putting out a request for bids from cities for their next head office. Cities are bending over backwards trying to convince Amazon to set up shop in their city. --- Assassins do it from behind. ... Copied to Clipboard! |
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