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this post was submitted on 06 Jun 2024
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politics
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the only other reason is racism. haha nope, its still all about money.
it might not be "taxes" but its still taxes they dont want to pay.
Biden’s tax plan begins next year when Trump’s tax cuts for the wealthy expire.
It is not good for $400K+ earners, corporations, executives, or billionaires. It’s no surprise they’re siding with Trump over money.
https://home.treasury.gov/news/press-releases/jy2169
It’s probably a little about racism too.
Thank you for that excellent context and have an awesome day.
You’re welcome, and you too!
These people really need to read up on Fritz Thyssen, Jack Ma or any one of the many Russian oligarchs who've been defenestrated, ventilated or irradiated under Putin.
A small amount of taxes in a functioning democracy when you're already a billionaire is a lot cheaper than a hole in your chest under a thin-skinned fascist autocrat.
None of these folks think they'll be a line in Niemoller's poem. They're horribly wrong.
If billionaires thought in the long term, they wouldn't be billionaires.
A reasonable person sees that they have $500 million in the bank and says to themselves 'I can spend $1 million a year for the rest of my life and still leave plenty to the kids. Guess I'll retire.'
It's not about money, it's about power.