My opinion, if Trump cuts taxes for everyone but adds a percent or two to the wealthiest, it won't hurt America and it would be popular

[BluesLegend]

That German man is a fool and America’s wealthy most definitely would not agree with him. All raising taxes on the wealthy would do is force them to rearrange how they (legally) skirt the rules or (if the loopholes were filled) incentivize the relocation of those individuals, their companies, and their money elsewhere.

I got news for all the lard ass MOOCHERS who want to stick it to the rich, they don't have to just sit there and take getting bent over. They will go right back to hiding and protecting their wealth in long term investments that generate ZERO jobs for the loser class. Then you people will be in a world of shit let me tell you.

 

[LAUGHatLEFTISTS]

Trump will not cut my taxes..

He will and you’ll pretend he didn’t.

 

[BluesLegend]

You SOB's have no idea how offensive it is to be constantly blamed and demonized for being successful when it's you sucking up all the government handouts. Then you wonder why the 'rich' want nothing to do with you.

 

[BluesLegend]

He will and you’ll pretend he didn’t.

No he won't, pretty sure that one already doesn't pay any taxes.

 

[initforme]

Define "wealthy" because I was sick and tired of assholes telling me I wasn't paying my 'fair' share and the constant demonization of people who worked their ass off and made sacrifices to become successful. MF'ers I'm not the piggy bank for the rest of the goddamn lazy fat ass losers to MOOCH off.

On this same topic, if government seized every goddamn dollar of the 'rich' annual income it wouldn't even cover the deficit. So much for the PROPAGANDA of the problem being the 'rich' don't pay their fair share.

Successful is solely attributed to ones wealth you are correct. Hence the differing classes don't share ideals.

 

[Seymour Flops]

The way I see this is that a 1% increase to the highest earners would destroy the narrative against him that "Trump is for the richest", while at the same time he cuts taxes for everyone else. Also, he can defend his tariffs as being at least a partial replacement of lower taxes.

Just my opinion. I always prefer lower taxes for all but politically it would help. Considering he cut taxes for corporations and is cutting regulations deeply, this would work and the wealthiest can't complain. Capital flight risk occurs anyways, another 1% isn't going to change this.

I recall a billionaire in Germany saying that he supported higher taxes for him and his friends. His reasoning? "I'd rather be wealthy in a rich country than wealthy in a poor country".

That is a profound statement and the logic resonated with me

Yes, it would be very popular. The highest earners would not care, because they would never pay this additional tax. Many of them pay nothing, year after year.

Why? Because tax attorney's are basically CPA's with law degrees. They are trained in nothing else but the art and science of legally avoiding taxes. The IRS has tax attorneys also. But their salaries at the top do not reach 200K. Meanwhile, earnings are unlimited for private tax attorneys and the ones who serve the wealthiest are the best at what they do and the highest paid.

So, yeah. Double the top marginal tax rate, or at least double the difference between the top tax rate and the median tax rate, and you really look like you're going after the wealthy scoundrels. They'll pay their tax attorneys a little more, but not Uncle Sam.

 

[Zincwarrior]

We must sacrifice for thr billionaires.

 

[Darkwind]

Where do the cuts come from?

Everywhere.

All of government.

DOGE has made good recommendations but does not go deep enough.

The cuts to personnel are not even deep enough.

 

[Darkwind]

I have some bad news for you.

Billionaires do not cause all the problems you have in life.

 

[Missouri_Mike]

Trump needs to cut taxes to make up for his tariffs
I can’t see him raising taxes on millionaires.

Democrats lost because of high inflation.
No matter what Trump cuts in taxes, people will still be pissed

If you want to see pissed have the democrats fuck around and let the current tax rate expire.