How did people get convinced that a progressive income tax rate is good and "fair"; one that goes from around say 18%...

How did people get convinced that a progressive income tax rate is good and "fair"; one that goes from around say 18% to 48% for example, like in some countries.

This disincentivizes high achievers and punishes success. It also influences high-skilled labor to leave their countries in search of more equitable lands

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Liberals have no concept whatsoever of how economics relate to societal power so they just assume your income bracket is your caste.

t. republican

I don't give a fuck about "succes" or "high achievers" under capitalism. Those words are usually synonymous with playing into rulling class propaganda.

outsource the managerial and CEO positions to india

if they wont work for a pittance we'll find someone who will

not just managerial/CEO's who get paid lots, there are engineers, salesman, doctors, artists, etc…hell I've seen plumbers make 200k/yr and get taxed around 45%

Insane

Oh no, how horrible, think of the struggling yacht industry.

They ought to be taxed more tbqh

WRONG.

Furthermore, the utility of your 100,000th dollar is lower than your 1st to begin with, and as a secondary factor something like 75% of self-made billionaires in the USA "earn" their wealth through rent-seeking in uncompetitive or subsidized industry. (It actively increases economic efficiency to tax-and-redistribute this, since otherwise it's just being vacuumed away into the casino.)

Also remember that the 48% rate only applies to income over a certain band. If you have say, 10% at

well for example in some provinces in canada, you make 125k, you take home 82k, after you add up all those "tax bracket" increments.

Basically theft.

How will these people survive?

I see nothing wrong with this.

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Sure thing fucker.

I would much rather be a shift leader at McDombles than an Engineer because of taxes my income, job security, benefits would all be the same.

Why are you such a servile cuck?

You don't "make" 125k, you make 82k.

And setting the bands, you're still getting paid more. If you hit a 50% rate at 100k, earning 150k total, you're still taking home 25k extra for your extra work.

And if you don't like that, what say you farm rice for nothing? Perhaps a bit of actual theft-and-slavery will teach you to count your blessings, Porky.

Well, maybe those with high incomes get it through exploitation where as those with low incomes get it through labour

The existence of Scandinavia is the real life counterpoint to this rhetoric. All of its citizens have freedom of movement and could move away to any other European country if they desired to do so. Turns out they're highly successful, modern countries. I dislike bringing them up as examples since they're liberal states anyhow, but they at least demonstrate very obviously that the far-right narrative is nonsensical, even within liberal ideology.

MY GOD, LITERALLY GENOCIDE
Kill yourself.

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Too much success can be a bad thing and must be punished. See: climate change

Literally nothing wrong with this

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Good. Let them feel bad about the system too.

If you care about punishing achievers and how to avoid that, a better question whether this or that tax rate is "fair" is where the income comes from. Look up "land-value tax".

Well, let them compete in global capitalism. Everyone is happy with "rewarding excellence" until Pajeet is the one winning.
You don't realize that your highly regarded values like "high achieving" and "success" are dependent on society and society alone should decide how much they are rewarded, maybe money, maybe fame, maybe just satisfaction.

πŸ€πŸ€πŸ€"high achievers"πŸ€πŸ€πŸ€

the tax system is nowhere near progressive enough.

Did you know that the tax rate on capital gains - unearned income - is actually a flat rate? No matter how much your asset appreciates, you only need to pay 15% or so. Not to mention the loopholes and deductions that allow people like warren buffet to pay a smaller tax rate than his secretary.

Furthermore, sales taxes are regressive. If you pay a 10% tax on consumption its going to be a greater proportion of your income if you are poor than rich, and proles have to spend more of their income just to stay alive, on things like food clothing and rent.

OP, how can you feel sorry for the wealthy when instead of earning a million they earn 700k? They're still rich. Being rich after you've paid taxes is still richer than a pleb that pays no tax at all, and the porkier you are, the less tax you'll pay.

t. socdem who is beginning to understand why tankies like gulags so much

This. All highly paid "professions" are the beneficiaries of massive amounts of protectionism and gatekeeping. If you liberalized medicine in the west most doctors would make far less than they currently do.

don't go down that rabbit hole bud, the abyss gazes also

Yes I suppose that's great bulletproof socialist logic. But it still incentivizes people to seek employment in lands where they can reap the more fruits from their labor.

Specially considering the cost of living in the West, for example: 'An average-priced detached home throughout Greater Vancouver now costs $1,470,265' and the average student comes out of college with 30k debt.

Good luck buying a home, paying off student debt and having your wife raise 2-3 kids while the gov taxes you at around 30%+.

Each time you get a salary raise, you'll end up in a new "tax bracket" which will eat more and more of your labor.

Theft is theft no matter whether it's porky taking your surplus labor or the state just directly stealing from you

dumb statists

Christ you are such a massive dipshit already.

No fucking duh you stupid asshole.

WOAH

Lol unsurprising that you're stupid enough to think that the problem is taxes. Besides it's not like you have to worry about your wife and your wife's kids you tremendous cuckold.

The majority of people don't earn a "salary" you stupid dickhead fuckfaced idiot. They get a wage, and wages haven't risen in 40 fucking years, you gigantic clown. You invertebrate coprophiliac. You spooked up mentally retarded shitpump, embarrassment of a human being.

Shut your fucking mouth and don't open it again. Don't you even fucking reply to me you stupid moron. Just shut the fuck up and lurk more you dense fucker. You spastic colon. You snot leaking pustule.

OP is fucking dumb
Ban pls

taxes at extremely high rates is one of the problems


not even an argument

by that standard half the board needs to get purged

I said don't reply to me you fucking braindead numbskull. You can't ameliorate how fucking dumb you are by trying to change your stance now. Just keep your fucking mouth shut and pray that you don't embarrass yourself further, like saying something like


Jesus Mary and Patrick please preserve us from these fucking shitbrains

Difference is you're paying for services with taxes, whereas the money that goes to the boss is just for him. However, with that being said, taxation is a remedy under capitalist society. Redistributive programs will not be so necessary under an alternative system, perhaps not necessary at all.

And we fix this problem by making housing more affordable, whether that's through subsidies or forcing banks to sell to families at affordable prices or removing the rights banks have to unused land. We fix the debt issue by forcing colleges to cut waste and charge a fair price.
The rest of what you said I've addressed already.

it's still someone leeching your surplus labor value. Good businesses to remain competitive will re-invest in making better products, research, marketing or expanding or training more workers, etc. Governments can be extremely wasteful, spending money on useless programs or wars or funding things that actually undermine national sovereignty and the will of the people.
So it's not always so simple.

or just less taxation on income and businesses , people will have more disposable income, entrepreneurship will also be incentivized.


forcing banks to lend to high-risk, poor families is one factor that contributed to the housing crisis.


the student loan program is inflating education costs artificially. since basically everyone can "artificially afford" to get a Phd via loans the colleges realized they can charge huge prices without any problem. Also the big "waste" in colleges comes from the Non-STEM departments who don't produce any goods or valuable research and just create skillless workers who come out braindamaged by certain ideologies, feeling entitled, with delusions of grandeur, not realizing how the world actually works. Professors in the humanities, arts and even social sciences are some of the most naive people on the planet.

We can avoid this by just giving the land to poor families. No lending involved. After all, you are on a board that thinks that there is no right to own property (specifically land) that you are not personally using or improving. This is partly what we refer to when we are against private property. Notice that things like your car, your house, and anything you're using are all personal property.

Not every business is good, and where money can be made without investing in tangible things of that nature you describe, it will go towards things like lobbying and cannibalistic takeovers of smaller competitors. This is why production must be controlled by those individuals who are engaged, the workers, and why the economy overall must have a tendency to production for use, not for profit.

The point of college isn't to make mindless collectivist robots that work for other people, but to give people an education that they can't get from experience. That's why abstract concepts like those found in the humanities and arts are very useful. That being said, STEM deserves a lot of attention and socialists have always been eager to give the sciences and science education more funding.

Fuck off with your stupid ideology idiot. Holy shit, what a bunch of idealist nonsense. "Businesses are good and pure and wholesome but governments are extremely wasteful and just take your money." Unlock yourself from Reagan's taint you megaton level idiot.

OH IS IT REALLY NOT THAT SIMPLE BECAUSE YOU MAKE IT SOUND PRETTY FUCKING SIMPLE, SIMPLETON

Jesus I was just joking before about your lips being surgically grafted to Ronald Reagan's moldering anus but it seems like you really are.

Hey idiot no one "forced" those banks to lend to anyone.
nber.org/papers/w20848

Uncuck yourself from your ideology, if you're not missing your brain stem. Watch Richard Wolff and actually learn something, if you're able.

Christ Jesus give us grace. You know what's "inflating costs?" Schools raising costs, you fucking dipshit! You donkey's asshole! You stupid fetid piece of leaking diaper spewage!

Hey you celestial body of fucking stupidity, you know what's a big moneymaker these days? Game of Thrones? You've heard of that? All these fucking Marvel movies? You know things like Lord of the Rings? And so on and so on and fucking so on? Who do you think makes all those swords and sews those costumes? Who writes the dialogue and builds the sets? Who does all the other fucking grunt work that makes the whole thing run? It's not fucking mathematicians I'll tell you, you gangrenous shin wart.

Entitled to what, assfluid?

Wanting to get a decent wage aren't "delusions of grandeur." God, I wish I could stab you in the urethra.

You don't undestand how the world actually works. You live in a bubble of fucking delusion.

You really ought to be drawn and quartered. You deserve to be murdered in front of your family. Have molten lead porn down your throat until it dribbles out of your loose fuckpucker.

All you've said is naive shit. You have no idea how things work or why. You're an ignorant pile of dried cum and you really don't deserve to live another second.

literally nobody forced them to do this at all.

Tax rates used to be even higher and house prices were much lower.
It's the end of real income rises with deregulatory policies and a move to indirect taxation, not the marginal rates of income tax, that make the cost of living unbearable.

Which is great, because I'd love to see you die for being a cunt.

Are you posting from the 1970s or something? Housing prices and other income sapping rents have only increased.

This post I do enjoy.

Why is he lazy?
"He's not lazy, he's disenfrachised."

Why is he disenfranchised?
"Because he can't get a job."

Why can't he get a job?
"Because systemic racism denies him adequate learning."

Why doesn't he find someone willing to teach him a skill or take free classes at the local community center that encourages POC to hire other POC?
"He doesn't have a car and the bus costs money."

Why can't he walk?
"Because he's lazy."

Repeat infinitely.