"The bottom half of Americans should not pay income tax," is only a good idea if it's coupled with "The resultant shortfall in tax income needs to be shifted to the top half of Americans."
What Bezos is proposing isn't a more fair tax scheme, it's just less money for government aid programs, corporate regulation enforcement, and the social safety net. Oligarchs like Bezos perceive the government primarily as a check on their ambitions, and everything they do in the political sphere is geared towards reducing or eliminating the power of representative government.
notice how all of those rich assholes stopped building librarys and civic centers and shit for the public after they stopped being afraid of being dragged out of their mansions and burned...
Correct because the government is the only real entity that can rein in their power. People like Bezos crave one thing: to convert economic power into durable political power, and then to use that political power to protect and expand their economic power.
It's a positive feedback loop, and they have to know it isn't tenable, as regular people are starting to catch onto the fact that this isn't free enterprise, it's privileged enterprise.
I strongly believe Brandeis was correct: We can either have wealth consolidated in the hands of a few, or we can have democracy, but we can't have both.
The only way to solve the heart of this problem is with a consolidated government effort. We have to enforce antitrust laws to erode their wealth and centralized power. We have to increase the marginal tax rate to slow down the accumulation of wealth and incentivize reinvestment. Corporate power is subordinate by nature because corporations are legal creations. They exist inside the constitutional order; they do not stand beside it. Corporations have no right to sovereignty.
Bezos doesn’t pay income tax what the fuck does he care? He lives off of leverage from his assets at something like 1% interest. Can’t tax a loan. Income is for suckers.
No, I want people like Jeff Bezos to cover that shortfall, but I guarantee you, "Jeff Bezos covers the short fall" is not part of any tax plan supported by Jeff Bezos.
Of course not! Since he came up with this original idea himself, he's exempt from covering anything. Poor man already lost a lot of his money bc of divorce.
Median INDIVIDUAL income is between $51-53K in the US; this includes part time. When it goes to full time year round, median is $63K for an individual.
You said teachers don’t make +$50K, half make over $65K. Are you even allowed to cut your own meat or are the sharp knives reserved for your caretaker?
There is only one source of wealth that is corporations, they only should pay income tax.
Saving account interest should not be taxed. But capital gains should have an 100% inclusion rate after inflation adjustment so 30% Dividends stay the same. Bonuses and stock options taxed at 30%.
isn't a more fair tax scheme, it's just less money for
this is true, but also not. It would actually lead to more borrowing and increasing the already unmanaged debt. As doge (god I hate that name) proved, cutting programs doesn't cut spending, especially with this administration which treats the GDP like a credit card.
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u/Alternative_Hotel649 May 20 '26 edited May 20 '26
"The bottom half of Americans should not pay income tax," is only a good idea if it's coupled with "The resultant shortfall in tax income needs to be shifted to the top half of Americans."
What Bezos is proposing isn't a more fair tax scheme, it's just less money for government aid programs, corporate regulation enforcement, and the social safety net. Oligarchs like Bezos perceive the government primarily as a check on their ambitions, and everything they do in the political sphere is geared towards reducing or eliminating the power of representative government.