• Janx@piefed.social
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    2 days ago

    Workers gets taxed on every cent they earn. Billionaires get to earn money on investments tax-free while they buy up all the housing and rent it back to us for even more wealth they will then hoard…

    • MinnesotaGoddam@lemmy.world
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      2 days ago

      Not just billionaires. Hundred-thousandaires get to stop paying in after… I didn’t look at the limit this year.

  • PattyMcB@lemmy.world
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    2 days ago

    I already knew I was never going to be able to retire. The boomers got theirs so they don’t care.

  • Serinus@lemmy.world
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    2 days ago

    I thought we just fixed part of this by getting rid of the tax cap above 184k? Or was that part of the hugely popular, bipartisan housing bill that Trump refuses to pass until her gets his way?

    • jtrek@startrek.website
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      2 days ago

      The fact that rich people stop paying into it is so stupid.

      It should be progressive. The first $x you make aren’t taxed at all, then the next bucket at a small percent, then a larger percent, and so on.

      Instead if you’re income-rich you just get a bump to your take home pay partway through the year.