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Lowest-taxed group in each state of the United States
(lemmy.world)
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this post was submitted on 16 Apr 2024
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This graphic is based on the percentage of income paid to taxes. A family making $500k a year paying a higher dollar amount than one making $50k a year is expected, but the higher earners should also be paying a higher percentage because 20% to them means a lot less sacrifice than 20% to a low income family. The sacrifice of not buying that third or fourth house is a lot less than whether the low income family goes to the doctor for a checkup.
So you want socialism. No thanks. If I earn $500k a year because I went to college and put in far more effort than someone who makes $50k a year, why should I pay multiples more in taxes than them? Someone earning $50k a year is leaching far more off society than someone making $500k. The $50k per year person buys less and pays less sales tax, they have a far smaller house and pays far less property tax. They will be much more likely to incur medical bills they can't pay. If you have a disability, great, you get assistance (or should), but if you are lazy, why shouldn't you pay the same income tax as me? I pay the tax on everything else that I consume.
Lol on how Liberals have no idea what socialism is. :)
Not a liberal. I am a hard working capitalist that wants to earn more for working harder. Just read the wiki page. You definitely want socialism. No thanks. This is a very academic idea that would never work, as we have seen. It just allows the lazy to be more lazy, but the people who would innovate in a capitalist economy to have no motivation to take risks and work harder.
https://en.m.wikipedia.org/wiki/Socialism
Socialist systems divide into non-market and market forms.[15][16] A non-market socialist system seeks to eliminate the perceived inefficiencies, irrationalities, unpredictability, and crises that socialists traditionally associate with capital accumulation and the profit system.[17] Market socialism retains the use of monetary prices, factor markets and sometimes the profit motive.[18][19][20] ...
By the late 19th century, after the work of Karl Marx and his collaborator Friedrich Engels, socialism had come to signify anti-capitalism and advocacy for a post-capitalist system based on some form of social ownership of the means of production.[29][30] By the early 1920s, communism and social democracy had become the two dominant political tendencies within the international socialist movement,[31] with socialism itself becoming the most influential secular movement of the 20th century.[32] ...
A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society.[334]
—Albert Einstein, "Why Socialism?", 1949
So, high income taxes is the collectivization of the means of production? You wrote a lot of words, but none of them make sense in regards of your original statement.
And yes, I want socialism (though not in the form you probably assume, but this is getting really OT). But we are not talking about socialism here.