Billionaires are lining up to support President Trump and DOGE.

[otto105]

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

Yeah, because billionaires care about your maga ass right.

 

[skews13]

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

 

[Superbadbrutha]

So we all make more money.

When has that ever happened?

 

[AzogtheDefiler]

When has that ever happened?

2017-2019

 

[The Duke]

Oh my, what a difference an election makes! Bezos, Zuckerberg, Thiel and others now want to support President-Elect Trump and DOGE in government efficiency and deregulation efforts.
Further signs that the Democrat Regime's days are over.

https://www.axios.com/2024/12/05/trump-bezos-zuckerberg-musk-regulation

Zuckerberg helped steal the 2020 election.

 

[Superbadbrutha]

2017-2019

Fantasy.

 

[The Duke]

Will Musk cut his own govt contracts?

If they need it he should.

 

[The Duke]

Oh he most certainly did. Steep tax cuts, increased military spending, huge cuts to social welfare programs====>higher deficits.

Reagan is the acknowledged father of modern deficit spending. We ran small deficits up to Reagan...but he took it to an art form.

Digital History

www.digitalhistory.uh.edu

It wasn't him, it was the Congress, and Joe Biden was right in there leading the charge, boy.

 

[The Duke]

We aren't talking "average", we are talking top marginal. Which mean some paid that much unless they could justify deductions (such as investing in jobs and charities.)

My own thought for the billionaire class is 100% rate and then harvest them for transplant organs, but some might consider that a bit harsh.

Why are you so jealous? That's not healthy, brah.

 

[Winco]

Is this gonna help the poor?

Will they be able to afford gas, food and housing now?



If the 'Billionaires' like it, what could go wrong?

 

[AzogtheDefiler]

Fantasy.

Stats show otherwise

 

[JoeB131]

Why are you so jealous? That's not healthy, brah.

Nah, brah, what's not healthy is the richest country in the world having children who go to bed hungry at night.

This will not end well for us.

 

[initforme]

Why do we never get average working people who have not alot of wealth involved in decisions? It's always the wealthy and powerful.

 

[Superbadbrutha]

Stats show otherwise

Post them.

 

[JackOfNoTrades]

It wasn't him, it was the Congress, and Joe Biden was right in there leading the charge, boy.

NO....it was HIM...jeez, what the **** is with the revisionist history?

 

[The Duke]

Nah, brah, what's not healthy is the richest country in the world having children who go to bed hungry at night.

This will not end well for us.

 

[Care4all]

Here you go, Jeanie. On avg the wealthy paid 42%. About the same as now. Are you ever not embarrassed that I constantly thrash you in debates?

https://finance.yahoo.com/news/were-high-income-americans-really-200011606.html

Nope.

2. Effective Tax Rate for the Top 1%:​

• 1950s: Estimates suggest that the top 1% paid an effective federal income tax rate of around 42-45%. The significant gap between the marginal and effective tax rate was due to tax deductions and exclusions.
• Today: In 2020, the effective tax rate for the top 1% was approximately 26-28% at the federal level, though it can vary slightly based on deductions and state taxes.

Did People Really Pay 91% Tax Rates in the 1950s & if not What was the Reality Compared to Today? | City-County Observer

city-countyobserver.com

 

[AzogtheDefiler]

Nope.

2. Effective Tax Rate for the Top 1%:​

• 1950s: Estimates suggest that the top 1% paid an effective federal income tax rate of around 42-45%. The significant gap between the marginal and effective tax rate was due to tax deductions and exclusions.
• Today: In 2020, the effective tax rate for the top 1% was approximately 26-28% at the federal level, though it can vary slightly based on deductions and state taxes.

Did People Really Pay 91% Tax Rates in the 1950s & if not What was the Reality Compared to Today? | City-County Observer

city-countyobserver.com

And what do they pay in state, RE and excise taxes? Stop it!

 

[Care4all]

And what do they pay in state, RE and excise taxes? Stop it!View attachment 1051399View attachment 1051400

hey Tricky Dick... Mr. Change the goal post guy....

YOU SAID the wealthiest at the top, with all their tax bracket cuts over the years, pay the same effective rate in taxes as they did in the 50s and 60s when they were topped at 70%-90% due to all of their tax write offs in the law back then....

And I proved that you were wrong. The top 1% of the wealthy, pay much less in taxes as a share of their earnings, as my link showed....they have a much lower effective tax rate now, than then.

 

[AzogtheDefiler]

hey Tricky Dick... Mr. Change the goal post guy....

YOU SAID the wealthiest at the top, with all their tax bracket cuts over the years, pay the same effective rate in taxes as they did in the 50s and 60s when they were topped at 70%-90% due to all of their tax write offs in the law back then....

And I proved that you were wrong. The top 1% of the wealthy, pay much less in taxes as a share of their earnings, as my link showed....they have a much lower effective tax rate now, than then.

Yes

Because you have to count ALL taxes

How much more do you want them to pay? Top half already pays 97.2%. Top 5% pays 60%. Revenue isn’t the problem. Spending is. Are you financially illiterate? Don’t forget that back then there were fewer public companies and many now get paid in stocks, which isn’t income tax but capital gains tax

That’s not enough for you?