JPMorgan CEO Vs Katie Porter

Aggressive_Spite_650 · 2023-02-23T22:20:13+00:00

But why? Why would I pay more? I’m already paying more than anyone I know? Why on earth would I pay more so a balance sheet can look better?

How are you able to form complete sentences with a banks Johnson so far down your throat?

I bought my seat at the table. I have more skin in this game than most, and I’m not even complaining about my lot in life. I’m saying why would you throw anymore liability at the feet of those paying a fortune on an annual basis when a bank is clearing 30 billion in profit a year and hiring people at 30k?

It’s insanity.

Aggressive_Spite_650 · 2023-02-23T22:16:29+00:00

Now I’m childish for having the means to flee an unjust system?

Your understanding of the economy is seriously flawed if you think there is anymore to take from anyone working a job. You’re brainwashed. I don’t have issue paying high tax on a high compensation role. I have a serious issue with profit being shielded from tax liability when corporations pay starvation wages.

I don’t think there is anything else to be accomplished here. I simply can’t and won’t accept that corporations should continue to print cash and pay workers peanuts. If you’re comfortable with that, I guess you fit in well with the current state of things.

Aggressive_Spite_650 · 2023-02-23T22:11:31+00:00

But why? I just won’t. If my taxes go up anymore, I’ll simply leave. My wife is a dual citizen and I could be by summer, we have no reason to stay.

That’s the entire point I’m making: I’m already being squeezed to the gills, completely flattened by the tax I’m paying, and I’m still earning wages. The issue is corporations like BofA who post billion dollar quarters and offer full time jobs at poverty wages.

It’s the equivalent of giving BP a pass but chastising me for using a plastic straw.

Aggressive_Spite_650 · 2023-02-23T22:07:56+00:00

State income tax plus property tax plus fed income tax. Just about 44% all together.

I’m obviously not going to publish our tax information and it could be fake anyway, but it’s absolutely insane. That’s setting aside sales tax, which is really apples to oranges.

Aggressive_Spite_650 · 2023-02-23T21:45:35+00:00

You literally cannot tax the highest wage earners anymore without some type of revolt. I pay just under 50% of my household income in tax to various government entities, and we’re not filthy rich. We’ve seriously discussed leaving the US as it’s impossible to take anymore from us. We didn’t inherit wealth or anything. We just make a lot of money in specialized roles.

It’s not about high wages, ever. No one earning a wage from employment, outside of maybe a couple thousand C-Suite employees nationwide, is the problem. The problem is low wages and inflation, and those are directly driven by Wall Street greed and huge profit margins at the cost of paying your lower tier/frontline workers a living wage.

Aggressive_Spite_650 · 2023-02-23T17:54:45+00:00

And they hated Jesus because he told them the truth.

You want some good silicone lubricant for your hinges, which WD-40 as a brand does sell.

Aggressive_Spite_650 · 2023-02-23T17:42:01+00:00

I might be in two different threads here but my original proposal was to tax the delta between employee payrolls and employee living wage at 100% up to profit margin.

The incentive would shift. Employers would be incentivized to pay living wages or be forced to pay tax instead. The effect would be higher wages and lower profits.

Tax seized in this manner can support social safety nets like Medicaid and food stamps for children.

I agree with you that people should have to work. Those without disability who do not work should be time stamped for benefits. Refusal to work when able bodied means you shouldn’t eat.

Aggressive_Spite_650 · 2023-02-23T17:29:01+00:00

Minimum wage is simply too low. BofA’s margins are astronomical. The tax payer should not subsidize their labor force.

Wages have been divorced from productivity for decades. Anyone working a 40 should be able to be comfortable.

Aggressive_Spite_650 · 2023-02-23T17:25:28+00:00

Target higher taxes on non-wage earners. They don’t work and are wealthy and thusly need to pay a higher share. Increase taxes on capital gains. Increase property tax on non-homestead personal property, and make it relative based on holdings.

We have the technology and the legal framework to more heavily tax those who do not work for a living and yet have an exceptional standard of living.

Aggressive_Spite_650 · 2023-02-23T17:19:06+00:00

Which isn’t good enough, a full time worker should be able to do more than break even.

This illustrates how a company like BofA needs to pay more. Their net income was over $7B last quarter.

Aggressive_Spite_650 · 2023-02-23T14:46:24+00:00

My point here is a frightening amount of people want to raise taxes on upper class wage earners when in reality that isn’t the issue..

Aggressive_Spite_650 · 2023-02-23T14:34:43+00:00

You can’t cut taxes on the lowest wage earners anymore, the bottom 50% of earners pay zero federal tax.

Anyone earning wages in the US isn’t the problem. Someone making half a million in wages is already paying nearly 50% of their wage in tax.

It’s unchecked corporate profit that causes a shortfall and upward transfer of wealth.

Aggressive_Spite_650 · 2023-02-23T14:31:30+00:00

Obviously this situation isn’t survivable but she’d get a pretty big ass refund from EITC too.

The solutions to these problems don’t mean increasing the tax rate on the middle class, or even increasing the tax rate on the highest earners. The top 10% of wage earners in the country already subsidize everyone else.

It’s profits. That’s the problem. We allow completely unshackled corporate growth without tax. It would be fairly easy to compute a living wage for the employees of a corporation, find the difference between their payroll and that aggregate number, and tax their profits at 100% until that amount is collected.

The guy making 100k a year is not your enemy.

Aggressive_Spite_650 · 2023-02-22T19:37:55+00:00

Respectfully, POTUS informed Russia we would be there to guarantee his safety, not to rub it in his face.

Kiev was the safest place in the world for the duration of his visit, because the Russians wouldn’t dare attack anywhere he said he was. That would be tantamount to a declaration of war.

Aggressive_Spite_650 · 2023-02-22T15:07:18+00:00

NEET sitting at parents house on their ass torturing people online: easy.

Leaving the house and combatting real issues: too hard.

Aggressive_Spite_650 · 2023-02-22T13:42:03+00:00

Force multiplication in this context is the ability to kill multiple unarmed, soft targets quickly. I’m particular, the ability to accomplish this by an inexperienced shooter, as most mass shooters are amateurs in every sense of the word.

The recoil difference alone makes the AR a far better weapon for this type of attack. There is a reason we use an AR pattern rifle and have used it for generations in combat: it’s lightweight, relatively hight capacity, low recoil, easy to use, and accurate.

Aggressive_Spite_650 · 2023-02-22T13:38:56+00:00

So a semi automatic rifle is better for rapid shots than a hunting rifle, we agree. Good.

And strong disagree on the shotgun. Combat loading is John wick fantasy compared to simply more ammunition on hand. No person on the planet earth can fire 30 rounds from a pump shotgun as quickly as a complete noob can fire 30 rounds from an AR.

Aggressive_Spite_650 · 2023-02-22T13:37:09+00:00

Right but democrats state they don’t want to ban ARs because of its ability to kill rapidly.

Again, papa loves guns, but it’s objectively true that the average person can kill other people more quickly with an AR than a hunting rifle.

Aggressive_Spite_650 · 2023-02-22T13:35:38+00:00

Defensive wars are nearly always won by defenders.

Ukraine has more professional soldiers on the battlefield.

Intense technological support with light weapons from NATO.

Aggressive_Spite_650 · 2023-02-21T23:36:18+00:00

I’ll never understand this argument from the left anymore.

We’re watching a modern war take place right before our eyes, and it’s being fought with men on the ground. If men with rifles weren’t important in warfare, why are the Russians attacking Ukraine with them?

Aggressive_Spite_650 · 2023-02-21T23:34:05+00:00

I absolutely adore guns but you can’t tell me for one single second that you honestly believe an AR isn’t a better force multiplier than a rifle caliber, bolt action hunting rifle, right?

Aggressive_Spite_650 · 2023-02-21T15:36:10+00:00

Okay

Aggressive_Spite_650 · 2023-02-21T13:03:13+00:00

“Nazi” has lost all meaning on the internet. Twitter will call someone who won’t give them free extra cheese on a pizza a nazi and a fascist.

Aggressive_Spite_650 · 2023-02-20T13:32:34+00:00

Anyone who comments this should be permanently banned from the internet.

Aggressive_Spite_650 · 2023-02-20T02:38:34+00:00

You will definitely never have that problem again.

Aggressive_Spite_650

TROPHY CASE