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You could do different percentages for different income levels. And yes, the wealthier people will have more take home and disposable money, that’s to be expected. That’s fair, if we’re being honest.

See this is part of the problem. You don’t care if it’s stupid. You don’t care if it’s not going to work. You don’t care if you don’t understand it. It will never, ever, affect you, so why bother caring? Screw the rich! What have they ever done for anybody?

Easiest way to increase the tax on high wealth individuals is to simplify the tax code and make it a flat tax. Don’t create a billion ways to get out of things. But creating a tax on a wealth gain that hasn’t physically materialized doesn’t make any sense! Are they going to credit if a stock...

And in a few years it’ll get dropped down to a lower level of income. We’ve seen it before. Regardless, the point is that it doesn’t make sense to tax a gain that hasn’t physically materialized yet. It would be like if your house gained value, you’d have to pay a tax on the amount it...

I’d kinda like our economy to do well, and if the stock market crashes…well, I mean, it’s kinda obvious.

Nothing you said has anything to do with why taxing unrealized capital gains makes any sense. It’s a really nice word salad, but completely irrelevant.

I don’t see how anybody can support a tax on unrealized capital gains. Unless the goal is to severely reduce the stock market.

This is very minor in the grand scheme, but my industry saw something similar. We have multi year contracts, so it’s a little different. Regardless, few years ago our inputs doubled in some places, up 50% in others. Couldn’t raise our contract price for two years. Then we adjusted, got our...

I’m shocked that the Harris campaign hasn’t given specifics yet. ;) I mostly laugh at this because the average voter doesn’t care about specifics. They want to hear what makes them feel good. And this is absolutely on both sides. I try not to care too much. We’re on a downhill side that...

Like I said, I copied it.

Perhaps you just missed it, but I have already posted on how his triggers were very harmful to our economy and agriculture particularly. His comment is beyond stupid

Regarding price gouging and some misconceptions, I saw this online and copied it to post here. $47.61 for paper towels and TP at Target today. Absolutely insane example of corporate greed and price gouging. In fact, it made me so angry, I decided to do some analysis. Many prices have...

I’m not a very frequent poster, but for sure several months.

I’ve seen numerous posts on grocery stores, and others, making record breaking profits. I’d like to expound on that, just a touch. For simplicity sake, we’re going to use 5% as our profit margin. So let’s say we make $50,000 on $1,000,000 worth of sales. That’s a 5% margin. Next year the...

Frequently on my phone (iOS) on Chrome the page will refresh and I lose everything I’ve written into the quick reply box. Rather annoying.

https://www.stlouisfed.org/publications/regional-economist/2022/mar/why-price-controls-should-stay-history-books Informative article on price control. Anyways, I’d love to hear the success stories of price control long term. I’m sure that since this is so good, you guys can find a lot.

This site is hell on mobile. What the ****?!

They are illegal immigrants. They are here illegally. They are immigrants. It is the most accurate and factual term for what they are. It’s not derogatory, it’s just accurate. It’s not like you or I can just move to Australia and live there without going through their processes. I’ve spoken...

I’ll put it this way Fish. If Trump had said that, half this board including Thriller would be in hysterics.

Saying that they shouldn’t leave because they’re cheap labor is racist.