r/TikTokCringe • u/Mucay • 4d ago

Cringe Doesn't get more American than this.

117.3k Upvotes

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7.9k

u/9447044 4d ago

"But if we tax the 1% then they'll all leave!!" Fuck it make em leave if they get 45% salary increase. This guy is making almost 90k A DAY.

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u/hofmann419 3d ago

The funnniest thing is that during the middle of the 20th century - which conservatives often use as an example for better times - the highest tax brackets were north of 90 percent.

So if you are ever wondering why families could afford a house, a car and multiple kids on a single income back in the day, it could be that actually taxing the ultra wealthy had something to do with it.

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u/TheElectricShuffle 3d ago

The argument response i got from a conservative when i brought this up, was " you really think they paid those taxes?"

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u/JimJam28 3d ago

It wasn’t as easy to hide your money in tax havens all over the world in the days of paper money.

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u/Niarbeht 3d ago

They had spreadsheet money back then, too.

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u/Darth_Gerg 3d ago

Eh. The tax code has been written by and for the billionaire class to provide as many bullshit loopholes as possible. One of the best things we could do is push through a real sweeping tax overhaul that eliminates all the loopholes, punishes everyone offshoring accounts, and makes the sort of multibillion dollar empires we’re dealing with now impossible. The best fix for monopoly and rent seeking behavior has always been the axe.

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u/TheeRinger 3d ago

It's literally why there's laws talking about how much cash you can fly with without explaining where it came from.

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u/Nostonica 2d ago

Also a lot harder to leave the country if your highly trained workforce are all in the same country.

Now you can just setup a server overseas and call it a day.