That's the crazy part though, it's probably not at all cheaper in the long term but they're incapable of seeing anything long term. Frankly it's amazing any of them even grasp object permanence.

[–] Enkers@sh.itjust.works 19 points 2 years ago (2 children)

The marginal tax rate was 94% in 1944. That would cost them A LOT of money. It's definitely much cheaper to pay off politicians than to have taxes go up, especially if you look in to how cheaply some of these politicians will sell you out for.

Their true shortsightedness would be causing another great depression. Once the bread runs out, they're in actual trouble. It has yet to be seen if they can control the beast they've created, but I doubt it.

[–] WhatAmLemmy@lemmy.world 10 points 2 years ago

None of them actually paid that then either. They certainly paid a higher proportion, but it was still an income tax.

[–] MonkderZweite@feddit.ch 2 points 2 years ago* (last edited 2 years ago)

They can't, thats why the less shortsighted rich fucks build bunkers.

https://www.theguardian.com/news/2022/sep/04/super-rich-prepper-bunkers-apocalypse-survival-richest-rushkoff

[–] sour@kbin.social 3 points 2 years ago (1 children)

they're supposed to be smart

[–] db2@sopuli.xyz 7 points 2 years ago (1 children)

Being born to parents with money doesn't make them smart.

[–] sour@kbin.social 4 points 2 years ago (1 children)

it makes people think they're smart

[–] polskilumalo@lemmygrad.ml 2 points 2 years ago

In my community it's thought that rich people are rather stupid, narcissistic and selfish. Because that's true 99% of the time.