• Rivalarrival@lemmy.today
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    9 months ago

    Universal healthcare now, paid for by the top 5 wealthiest people in the country. If they don’t want to pay it, they can spend until they are #6 or below.

    Guillotines for anyone taking action against universal healthcare.

  • willis936@lemmy.world
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    9 months ago

    When you’re told the economy is doing great this is what they mean. It’s a bad message to send in an election year.

      • Uriel238 [all pronouns]@lemmy.blahaj.zone
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        9 months ago

        Bidenomics is based in Reaganomics. Only it doesn’t hand social program budgets so quickly to the religious ministries to spend on megachurches. The public hoped for a Social Democrat, but the establishment party chose another neoliberal. (In 2016 the Dems lost to an open fascist — with a majority, but losing the EC — because a conservative neoliberal woman President was too spicy.)

        Even in the 1800s railrod barons owned all the candidates in the primaries. So we can’t redistribute wealth by vote.

        It does show capitalism gives us its true colors during the Great Depression. Our ownership class will gladly see us starve and freeze than give up their vast holdings. They’ll hire armies and lawyers alike to keep wealth they cannot actually utilize (except to gain more wealth) even if it drives the human species to extinction.

        And the longer it takes for the public to fight back, the higher the global catastrophic risk.

        This, however, isn’t to say we can choose revolution at any time. Violence remains unthinkable until the hour it is inevitable; until the hour we find our Mahsa Amini, we can only stir and wait.

    • prole@sh.itjust.works
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      9 months ago

      Americans have been conditioned for nearly a century now to be far too comfortable to do anything. The fascists have learned their lesson, and this time they are much better at keeping people from caring until it’s too late.

  • PhlubbaDubba@lemm.ee
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    9 months ago

    Makes me wonder what the numbers would be if we did tax brackets for capital property.

    Like with incomes there’s might be a standard deviation curve but people are considered at least diet rich in this country if they can afford to own a second home for whatever purpose.

    Going up to three properties I’m pretty sure makes viewing it based on percentile pointless.

    • Alto@kbin.social
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      9 months ago

      Not directly related to income tax, but I’m a big believer in having property taxed on an exponential scale. Start off quite low for your first property, a vacation home is still reasonable, but by the time you’re much past that it becomes completely unreasonable to keep buying properties. Add a hefty multiplier for empty units on top of that, and you’d go a long way to fixing the issue with property hoarding.

      E: sp

      • HappycamperNZ@lemmy.world
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        9 months ago

        I believe a person/family should be allowed up to 3

        • live in

        • rent

        • bach.

        Anything above that gets taxed in every way we can so you can and do make a profit, but its considered similar to other financial investments including risk.

        Not sure how the loopholes would work if they own part with an ex, or kids, or single to relationship, but the general idea.

        • Alto@kbin.social
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          9 months ago

          That doesn’t really solve anything. As long as there is profit to be made, people will horrendously abuse it. That’s not something we want when were in the middle of a homeless crisis yet we have more than enough empty housing for them.

          Maybe once everyone’s basic housing needs are met we can talk, but until then no.

        • Rivalarrival@lemmy.today
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          9 months ago

          Phase in a significant increase in property taxes, with a commensurate owner-occupant credit against it for 1-4 unit homes.

          You can own as many homes as you want. Occupants of your homes will have greater value to you as co-owners or buyers than as tenants. You can make money selling your homes under land contract (“rent to own”) or by private mortgage. Traditional rental agreements on single family homes will be less feasible.

          You can own a duplex, triplex, or quadplex and keep the owner-occupant credit so long as you or another owner maintains at least one of the units as a residence.

          Basically, I think the property tax code should be used to motivate both landlords and tenants toward ownership rather than rental.

    • yeehaw@lemmy.ca
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      9 months ago

      What’s crazy is I pay around 45% income tax. And these people have their billions. How about anyone making less than 500k a year doesn’t get taxed, and those fuckers pay.

  • Showroom7561@lemmy.ca
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    9 months ago

    That’s a hell of a lot of money to steal in just a few years. In under a decade, they’ll all be trillionaires, and we’ll all be trillions of dollars poorer.

  • 1984@lemmy.today
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    9 months ago

    Great. I think the rest of us were made poorer, with stock market going down a lot, inflation and high energy prices.

    But who cares right.

      • hglman@lemmy.ml
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        9 months ago

        The wealthy don’t provide; they take. They exploit others bc they have deep rooted addiction to wealth along with a host of comorbid conditions (narcissism, sociopathy, etc.).

    • Cowbee [he/him]@lemmy.ml
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      9 months ago

      Stock market grew 12%ish last year. Additionally, the health of the stock market isn’t a meaningful measure of how well the average citizen is doing, it’s mostly for the wealthy and elderly.

    • Xanis@lemmy.world
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      9 months ago

      Plenty of people care about a lot of things. I believe the modern problem is we can’t seem to stop talking and stop forgetting until we’re collectively reminded about it all sometime later. I’m wondering how long until it becomes too much. Because it appears everyone is tired of it snd yet so little action also appears to be taken.

      • 1984@lemmy.today
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        9 months ago

        People don’t have power so I think that’s why no action is taken too. What are we gonna do, vote…

  • Uriel238 [all pronouns]@lemmy.blahaj.zone
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    9 months ago

    The problem (according to Das Kapital ) is that the owning class will fight back. Not all of them. Some realize that long-term capitalism requires keeping the working class happy (more or less) but well more than not. And as we learned with feudalism in the middle ages, it takes only one bad king to bring the ruin the works of ten of his predecessors. (It’s a running theme in A Song of Ice and Fire )

    So these recommendations are on the assumption that our governments are not already captured. The point of government is to serve the public good and the US has been trying to go back to that for over a century (since the Great depression, which escalated the desire to try something else, all the while the Soviet Union was doing just that.)

    Our plutocrats have more resources by which to keep hold of our current governments, even as industry pollutes the air and drives us toward extinction.

  • Colonel Panic@lemm.ee
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    9 months ago

    As anyone who has played the board game Monopoly can tell you, this is the point in the game where the game is effectively “over”, the winner has been decided. That one player owns most of the board and the rest are hanging on with mortgages and selling off their houses and properties to hang on for one more turn and hoping to land on a space that doesn’t bankrupt them. But we all know they eventually will.

    So, when do we say GG, pack up the board and try something else?

    • my_hat_stinks@programming.dev
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      9 months ago

      Why not?

      morbid /môr′bĭd/ adjective

      1. Given to or characterized by unwholesome thoughts or feelings, especially of death or disease.
        “read the account of the murder with a morbid interest.”
      2. Of, relating to, or caused by disease; pathological or diseased.
        “morbid changes in tissues.”
      3. Psychologically unhealthy or unwholesome.
        “a morbid fear of heights.”
      4. Not sound and healthful; induced by a diseased or abnormal condition; diseased; sickly.
        “a morbid condition; a morbid constitution; a morbid state of the juices of a plant.”
      5. Of or pertaining to disease or diseased parts.
        “morbid anatomy”

      Other than the fifth definition here, these all seem reasonable to me.

  • bitflag@lemmy.world
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    9 months ago

    Ah the yearly Oxfam cherry picked data. For this one, they say “since 2020” but really this is “since Mars 2020 when the stock market was crashing and hitting incredible lows”, which helps inflate their click-baity figures.

    • nvermind@lemm.ee
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      9 months ago

      Musk’s wealth went up in 2020. So did several other billionaires. The ultra wealthy don’t obey the same rules you and I do, and they’re still making billions when the world is shit.

    • jas0n@lemmy.world
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      9 months ago

      Yeah, I feel bad for those billionaires, too. You know what, I think they deserve a tax break.

      In totally unrelated news, can you believe those left wing communists want paid maternity and paternity leave. That’s going to cost $12 billion annually… have they not seen the national debt?! It’s all just an excuse because no one wants to work anymore.

    • Tangent5280@lemmy.world
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      9 months ago

      Since March 2022? The start of the Financial Year Boundary month of march? That march? I wonder why they chose such a random month.

      /s

    • AlteredStateBlob@kbin.social
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      9 months ago

      You mean the two month stock market dip which has since not only recovered but the market following has heavily outperformed anything before 2020 and was fully abused by those in power who used their insider information on the COVID pandemic to trade just before the dip hit the markets? That stock market crash? I mean, I bet. Those 2 months are totally going to skew the numbers.

      • bitflag@lemmy.world
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        9 months ago

        Those two months do skew the numbers. Why do you think they specifically picked March and not January as anybody else would?

        You can defend your opinions without having to manipulate the numbers.