Slav
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Going to be interesting to see who wins, but there is one thought that came into my mind recently. For the people complaining about the tax rate when making over 400k per year, you do realize that the tax rate wouldn’t need to be that high if people stopped offshoring their money, right? If anything, be mad at the people avoiding taxes while you sit there making up for it.
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trickle down aka piss down my neck economics have not, will not, and will never work
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@Mr GOAT agreed. And Biden isn’t proposing trickle down economics. Trickle down economics is the proposition of “taxes on businesses and the wealthy in society should be reduced as a means to stimulate business investment”.
This has been displayed time and time again, businesses will take whatever they can. For example, many banks received a bailout, however, kept charging people who lost their job due to covid. Many people were advocating for the idea that since banks received a bailout that they should halt the payments on loans. Now people can disagree or agree with that idea, I don’t really care. I’m just using that situation to illustrate how trickledown economics always fails.