@blackbirdcoop: The economy wasn’t booming because we had high tax rates on the wealthy. We had a booming economy because the wealthy hadn’t yet ripped the social contract to shreds.

Farming While Beige
Farming While Beige
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Region: US
Friday 05 June 2026 12:42:48 GMT
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captobvious360
CaptObvious :
Using stock as collateral for loans should be taxed as income, or banned outright
2026-06-05 13:26:24
809
zakzaksbilingualquest
whyisthisthingstilltyping :
this is one of the clearest takes I've heard a content creator make. curious if anyone has any recommended readings related.
2026-06-05 12:53:26
373
heyyorb
Rob :
one other type that is spiteful/effective, corporate executive chefs that have a point to prove to higher up managerial corporate executive chefs. I have seen this in person by way of math and meticulously determined spite. JS, it can happen in very VERY specific situations.
2026-06-09 06:26:44
2
sirconnor.92
sirconnor.92 :
In the 50s, 60s & 70s corporations were also given a loophole to lower their taxable income by investing in their workers in the form of better wages, benefits and equipment. This contributed to the booming economy by giving its employees purchasing power (disposable income) thus creating the middle class
2026-06-05 13:53:25
609
kakistos153
Malrish :
the difference between a million dollars and a billion dollars is roughly a billion dollars
2026-06-06 02:45:31
42
enchanted.forest.books
cimorene :
I make $1k/week at my full-time job. I take home about $600. Most weeks I have less than $100 left after bills and suchnot.
2026-06-05 13:26:23
92
tigger_min
Jennifer :
For the guy saying he would furlough employees and shut down his company for the year once he hit 2 million. It is not just the employees not coming back but also the customers who would take their money to sensible competitors
2026-06-05 13:32:21
120
shaunarmamakpopfan
ShaunaR :
I mean we all pay taxes based on our income. Once you reach $999 million in income (or worth cause we all know they don’t take a salary🙄) they should be taxed accordingly. There is no reason anyone should be a billionaire and not have to pay taxes
2026-06-05 13:05:18
68
balor.of.the.evil2
Balor of the Evil Eye Reborn 2 :
The most easily replaced of ANY role in a company is the CEO. There is an unending stream of people desperate to step into those roles. And they would do so for a fraction of current executive remuneration.
2026-06-05 12:59:02
65
humpymcsaddles
HumpyMcsaddles :
I could definitely support no income tax below 50k
2026-06-09 20:23:21
3
ghst117
JonBoy :
Property tax is the worst kind of tax
2026-06-05 14:46:06
5
derek_is_kami
Derek is Kami :
Good ol' Reganomics, because *everywhere* can function on an economic model inspired by Las Vegas, right? The same tourist economy will work for Spencer, South Dakota, right?
2026-06-05 12:57:59
20
heathercgolden
theanonymousheather :
If it can be collateral, it should be taxable.
2026-06-05 16:04:02
7
officially_just_hale_
Officially Just Hale :
Elon is a majority shareholder in his companies. He legally can't just sell that stock. If Elon sold everything he legally could and put up all his cash he would have about $800 million at most. More money to the government has never improved anything. The issue is that the government is already mishandling the $6 Trillion a year they get 🤷🏽🤷🏽
2026-06-05 13:38:21
1
killerd_1988
KillerD_1988 :
Honest question, how would you tax unrealized gains? That’s how they justify not paying higher taxes because they never actually “receive” that net worth as income. I’m
2026-06-05 13:06:49
17
fathead4121
Fathead :
And the vacuum he leaves by not working will be back filled by someone else. And if he has investors, he is no longer the only decision maker lol
2026-06-05 13:36:15
14
flaskfullofcoffee
Flaskfullofcoffee :
10pts for mentioning the Powell memo 😉
2026-06-08 12:26:16
3
hornedvamp
Horned Vampyre :
Totally correct, and inflation is caused by shareholders.
2026-06-08 08:51:21
1
shtoobs
Shtoobs :
Any rich person claiming they would stop working and shut business is, like our friend said, a Liar. They wouldn’t be able to do it. We aren’t the 1920s, some one else will capitalize on their absence. Make the same product as close to it as possible and sell it all year around.
2026-06-06 01:04:15
21
csstrat
CSStrat :
Strengthen unions. And maybe a consumption tax where food and clothing under $500 are exempt, and luxury items are taxed exorbitantly.
2026-06-05 13:27:49
36
mandaloriamama
mandaloriamama :
I have to say that personal property tax shocked me when I first moved to Virginia. I was so confused why I had to pay more tax when I owned my vehicle outright when I moved into the state. I was like what do you mean I owe more taxes?
2026-06-05 13:14:06
13
batzmcqueen
BatzMcQ :
Tax on unrealized gains over $2 million
2026-06-05 16:18:09
37
nhswampwitch
Katt/Kaitlyn (She/they) :
if you've had to check your bank account balance before buying a gallon of milk in the last 5 Years, you probably shouldn't be taxed at the same rate or higher than the ultra wealthy
2026-06-07 18:05:21
6
rnc_eo
rnc_eo :
Sometimes I wonder if the average person ever revisits the history of the guilded age into the 1930s…
2026-06-05 21:11:40
5
roneyclan
Roneyclan :
"I'll just go golfing and fishing." So he'll just he doing the same thing he does now?
2026-06-05 16:11:25
13
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