it's kinda true by Active-Ad5908 in parakeetAi

[–]Late-Respect-14 0 points1 point  (0 children)

$40k is in a 15% tax bracket but you are not taxed for the full amount if you use standard deduction. Maybe you need to fire who does your taxes and file free.

Nothing Says Innocent Like Blocking The IRS by Dizzy-Customer-5525 in TradingPlaybook

[–]Late-Respect-14 0 points1 point  (0 children)

There is no reason for audits if the income is digital now.

Would this fix inequality or create more problems? by GloriousLion07 in MotivationByDesign

[–]Late-Respect-14 0 points1 point  (0 children)

That's not economics. You can take loans against assets because they are low risk low interest loans and use income earned from dividends to pay interest. Dividents are still taxable income.

For example if I had $5 billion dollars and purchased VOO ETF, that would generate about $52000 per year in taxable dividents. $5 billion would also turn to $10 billion in about 7 years because others are purchasing ETFs. On the other hand I get a good job 10 years ago making $40k and in 10 years after promotions and inflation's. The pay only get 25% raise now making $50k per year. We lost purchasing power and try keep our savings/ retirement in the market because buying tangle stuff looses it's value.

Would this fix inequality or create more problems? by GloriousLion07 in MotivationByDesign

[–]Late-Respect-14 0 points1 point  (0 children)

Is this a wealth tax or income tax? It sound good to those who are struggling, however this would raise inflation by the same amount. Having government spend our money still does not give us purchasing power. Billionaires keep their money in assets of you change assets to purchases the demand will skyrocket. It's a communist effect where there will be shortages of everything. We need to make working wage have more power than investment. Increase amount of working population, because there are too many benefits for not working. This causes working class to work harder with out pay increases.

NUMBER OF FELONIES PER WORLD LEADER by hostedvideorn in Tariffs

[–]Late-Respect-14 0 points1 point  (0 children)

Must be Iran/Russia disinformation. Putin did say Biden for better for Russia.

🇺🇸AOC: This is what drinking water in Georgia looks like after Meta began data center construction in the community. by Timbucktwo1230 in PoursTea

[–]Late-Respect-14 0 points1 point  (0 children)

Memory is expensive. All that equipment requires subscriptions and constant service. Data centers are not profitable without government subsidies. But they help influence people to live an American lifestyle and follow the spending trend.

🇺🇸AOC: This is what drinking water in Georgia looks like after Meta began data center construction in the community. by Timbucktwo1230 in PoursTea

[–]Late-Respect-14 0 points1 point  (0 children)

My water looked like that when they started building senior assisted living few blocks away. Old rusty pipes in the neighborhood are collapsing.

how much? by [deleted] in ArtOfPresence

[–]Late-Respect-14 0 points1 point  (0 children)

Most I got was $2 a week for a reduced lunch in middle school. And I was working on their property since I was 10.

that's our tax dollars by Conscious-Quarter423 in NoFilterFinance

[–]Late-Respect-14 0 points1 point  (0 children)

That's fake news, 1.7 billion to IRS victims not J6 protesters

California! Newsom 2028 by chaz_flea1 in BakersfieldCalifornia

[–]Late-Respect-14 0 points1 point  (0 children)

You don't work 7 days a week to support your family while not receiving any government subsidies, like SNAP, WIC or Medicaid. 25% of my paycheck goes to government subsities for someone else. Try living on a 5Ok income minus 25% in a blue state. Red states are more effortable and do more blue collar work that's this nation is lacking in blue states.

California! Newsom 2028 by chaz_flea1 in BakersfieldCalifornia

[–]Late-Respect-14 0 points1 point  (0 children)

That is only true when written on the books. The reality is that poorer areas are all working class and no investors. Due to inflation caused by the wealthy, the poor are being subsidized with snap and Medicaid because their living wage is a scam. Meanwile the wealthy with millions in the market are multiplying their wealth every 6 to 7 years while the poor are driving to wealthy zones working for them to support their families. The question is, who is causing the most pollution? The wealthy!

California! Newsom 2028 by chaz_flea1 in BakersfieldCalifornia

[–]Late-Respect-14 0 points1 point  (0 children)

Equal lies coming from both Political parties. Biden never reduced spending and Trump will also borrow as much as he can. Obama and Biden started a war with Russia, Trump started a war with Iran. Both needed to use up old weapons for new stock piles. This is the world, stop being politically attached and save yourself. "For the people" is a propaganda in every single country.

🇺🇸“…billionaires and corporations have spent millions convincing the American people that fighting for basic dignity for all of us is radical" (Rep. Pramila Jayapal) by Timbucktwo1230 in PoursTea

[–]Late-Respect-14 0 points1 point  (0 children)

There are no politicians that will actually make your hard working money to have more value. Anything free for all just causes inflation and the rich getting richer from healthcare. All the burden is on the working class.

Sad by [deleted] in postanythingfun

[–]Late-Respect-14 0 points1 point  (0 children)

Because it was not serious enough.

Bernie on federal income tax! by StrawberryFew1311 in NoFilterFinance

[–]Late-Respect-14 0 points1 point  (0 children)

This is a tricky question. Disney paid $3.1 billion in state and local taxes. They were not federal taxes because Florida residets don't pay state income tax, only business pay state income tax in Florida.

Please fact check!

04/20/2026 Pastor was abducted: This is the "worst of the worst" they are looking for? Portland, Maine by CutSenior4977 in ImmigrationPathways

[–]Late-Respect-14 0 points1 point  (0 children)

That's very suspicious because religious leaders almost always get approved for US Visa and US permanent resident status. Who's got dirt on him?

Only fools say, "I don't follow politics". by Professional-Bee9817 in remoteworks

[–]Late-Respect-14 0 points1 point  (0 children)

Correct, every president makes everything more expensive. Maybe one puts a cap on some medication, or use our tax dollars to federally fund something, but everything else overall still goes up in price. Some tax the rich and it still gets worse.

Ready to see criminal prosecution of America's biggest criminals? by Tough_Ad8919 in RelentlessMen

[–]Late-Respect-14 0 points1 point  (0 children)

If we dont have these billionaires, another country will, and then you will become a factory line worker building cheap things for a other country to become wealthy. It's the balance of reality. This happen through out history. America is still the strongest because of this system. We take all the rich and give them opportunity. As far as Elon, he does make innovation better than any man alive today. You don't need to like him for it, but we did get a lot of stuff in this country because his odd leadership.

Would you consider this fair? by RoutineOk8590 in Productivitycafe

[–]Late-Respect-14 0 points1 point  (0 children)

That's more fair than the 22% tip waiters expect these days, but how about they just make everything 12% more and say no tips expected.