Leftists are salivating - drooling - for a wealth tax

[Alicia J]

Musk paid $12 billion in taxes in one year;.

And you?

More than traitor Trump.

 

[Nostra]

Fyi

Actually he doesn't earn a salary.....at Tesla, and at space x, they pay him a minimum wage earning of $54000, because under Calif law he can't work without being paid a pay check. He earns all his money off company stock and pays no SS, OTHER than on the $54k earned, not the $185k.

Why would Kalifornia law apply?

Both are based in Texas, stupid.

 

[Captain Caveman]

Mr. Musk became a trillionaire (on paper) yesterday when his Space X company became public.

AOC, Bernie, and many lesser known socialists are just drooling for a wealth tax so they can swoop in and steal 5% of his wealth and redistribute it.



Now, I'm not going to tell you that the super rich don't need to pay more. THEY DO. Raise the freaking tax rates on the wealthy - but do it on earned income, capital gains, and so forth.... the way they have done it for a long time. Raise the rates.

What the left is proposing with these "wealth taxes" is theft. And rest assured, after they get their 5% this time, they will be back for more, soon enough.

Musk does not receive a traditional salary or cash bonuses for his roles as CEO of companies like Tesla or SpaceX. Instead, his compensation is entirely equity-based. He earns billions of dollars in stock grants and options that only vest if his companies reach specific, highly ambitious operational and financial milestones.

So what rates does he pay and where, and what level would you change them to?

 

[rightwinger]

We aren’t a Democracy, Trollwinger.

Of course we are Skippy

 

[Dorian Mode]

How much is “enough taxes: citygator

Give us a number.

The problem in America is not that the rich don't pay their fair share, they pay most of the taxes collected. The problem in America is that there are so many unmotivated loser parasites who are content to live off government handouts rather than go out and compete better in the marketplace, create value and become rich themselves. We don't have to tax the rich more, we have to punish the parasites in the system more.

 

[rightwinger]

Musk paid $12 billion in taxes in one year;.

And you?

How much did Musk have left over after taxes?

 

[Dorian Mode]

Musk does not receive a traditional salary or cash bonuses for his roles as CEO of companies like Tesla or SpaceX. Instead, his compensation is entirely equity-based. He earns billions of dollars in stock grants and options that only vest if his companies reach specific, highly ambitious operational and financial milestones.

So what rates does he pay and where, and what level would you change them to?

So his compensation is performance based. Can you imagine how productive this country would be if everybody's compensation was performance based? Because of leftist policies throughout the decades we have a very unmotivated work force that often does the bare minimum and then threatens legal action if they are fired. No wonder AI and robots are the big investment these days.

 

[Nostra]

Of course we are Skippy

No stupid.


‘We are a Representative Republic.

Your ignorance is epic.

 

[citygator]

How much is “enough taxes: citygator

Give us a number.

I already laid it out for you.

Thread 'Right-Wing Challenge: Fair Income Tax For The Top 50% vs Bottom 50%'

Mar 11, 2026

Here is the challenge and it is based on next year's budget.

You need to raise about $2.4T in personal income taxes just to be $2.0T short of next year's expenses (Trump's plan) in a way that allows people to also live a life.

How do you raise your $2.4T from income taxes between the two halves of earners? Bottom half and top half.

Today we get 98% from the top 50% as it is circled in red on the chart to the right but as you can see they earn almost all the income and certainly 100% of...

• citygator
• Replies: 552
• Forum: Politics

• 
• 

 

[Nostra]

I already laid it out for you.

Thread 'Right-Wing Challenge: Fair Income Tax For The Top 50% vs Bottom 50%'

Mar 11, 2026

Here is the challenge and it is based on next year's budget.

You need to raise about $2.4T in personal income taxes just to be $2.0T short of next year's expenses (Trump's plan) in a way that allows people to also live a life.

How do you raise your $2.4T from income taxes between the two halves of earners? Bottom half and top half.

Today we get 98% from the top 50% as it is circled in red on the chart to the right but as you can see they earn almost all the income and certainly 100% of...

• citygator
• Replies: 552
• Forum: Politics

• 
• 

So 98% of the taxes isn’t enough for you.

Got it, Comerade.

 

[Captain Caveman]

So his compensation is performance based. Can you imagine how productive this country would be if everybody's compensation was performance based? Because of leftist policies throughout the decades we have a very unmotivated work force that often does the bare minimum and then threatens legal action if they are fired. No wonder AI and robots are the big investment these days.

The last useful generation was Gen X. As they begin to retire, it's all going downhill rapidly. It's why we pay local councils ever increasing taxes and receive less and less services. I've been self employed for over 20 years and always refused to hire anyone because of employment law (UK).

 

[toobfreak]

Mr. Musk became a trillionaire (on paper) yesterday when his Space X company became public.

Elon made a tidy little sum of cash for me as well.

AOC, Bernie, and many lesser known socialists are just drooling for a wealth tax so they can swoop in and steal 5% of his wealth and redistribute it.

Fascinating how the people making the biggest contributions to the country, seen as an asset by Trump, are seen as a liability by the Left who want to bring him down a peg or two for daring to be too successful. Leftist Socialists are scared shitless of individual liberty and achievement.

Now, I'm not going to tell you that the super rich don't need to pay more. THEY DO. Raise the freaking tax rates on the wealthy - but do it on earned income, capital gains, and so forth.... the way they have done it for a long time. Raise the rates.

The wealthy pay what they owe according to the tax laws written by congress.

What the left is proposing with these "wealth taxes" is theft. And rest assured, after they get their 5% this time, they will be back for more, soon enough.

Redistribute to their voters for being talentless and lazy so they can stay talentless and lazy.

 

[the watcher]

Simple solution; raise basic minimum income (everyone) at $100k per year. Install a maximum wage of $125k per year, anything over that goes back in the hopper. Everyone gets the free medical, dental, vision, 200 paid holidays, even the congress and the doctors that treat you. That's what you want and it would be interesting for about 2 weeks.

 

[rightwinger]

No stupid.


‘We are a Representative Republic.

Your ignorance is epic.

Like

The REPUBLIC of China
Union of Soviet Socialist REPUBLICS
Socialist REPUBLIC of Vietnam

You can be a Republic without being Democratic
We are a Democratic Republic
Ďemocracy is what separates us from the Republics above

 

[Nostra]

Like

The REPUBLIC of China
Union of Soviet Socialist REPUBLICS
Socialist REPUBLIC of Vietnam

You can be a Republic without being Democratic
We are a Democratic Republic
Ďemocracy is what separates us from the Republics above

Nope. Nothing like your Commie Utopia's, Vladwinger.

 

[candycorn]

Did the guy making $185k write a tax check for $12 billion?

No. Neither did many billionaires.

The Secret IRS Files Archives

A massive trove of tax information obtained by ProPublica, covering thousands of America’s wealthiest individuals, reveals what’s inside the billionaires’ bag of tricks for minimizing their personal tax bills — sometimes to nothing.

www.propublica.org

 

[candycorn]

So you want the bottom 50% to get a tax hike.

Got it.

You've got nothing, dickless.

 

[Nostra]

You've got nothing, dickless.

That’s what your proposal would do because almost 50% pay no income taxes.

Keep stepping on those rakes.

 

[hadit]

If Billionaires don’t like higher taxes they can get a second job and cut back on Avocado Toast and fancy Lattes

And move their money out of the country.

 

[rightwinger]

And move their money out of the country.

Oh No
Not that!

We know how hard they have it, we can’t inconvenience them