Cant imagine making 30 k a year and having to pay even 1600 in taxes. This is saying it will increase that much.
Don't worry. It'll trickle down... eventually... The cash might be a bit red though... /j
this post was submitted on 22 Feb 2025
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Enshittification
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What is enshittification?
The phenomenon of online platforms gradually degrading the quality of their services, often by promoting advertisements and sponsored content, in order to increase profits. (Cory Doctorow, 2022, extracted from Wikitionary) source
The lifecycle of Big Internet
We discuss how predatory big tech platforms live and die by luring people in and then decaying for profit.
Embrace, extend and extinguish
We also discuss how naturally open technologies like the Fediverse can be susceptible to corporate takeovers, rugpulls and subsequent enshittification.
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I feel like these chuds don't know the difference between trickle and dangle.
This is dangle down economics, where the less well off are dependent on voluntary charity from the better off.
It's like Robin Hood, but in reverse...
Dennis Moore?
Hobin Rood or Nibor Dooh?
Hood Robbin' was right there
Sey Yes
Why don’t we just charge the homeless infinite tax money to support the government?
Bug report filed.
Closing, will not fix
PEBKAC. Known issue.
I am unironically working on an idea where negative money is a normal feature of an Economy which is needs first. Production based on the requirement to fill those needs. There would be no tax money required to support a government and the negative balance is simply a transparent measurement of the cost of life.
It would eliminate the concept of purchasing power. And i know that sounds insane on premises. Hence i am still working on it. May require more then a few pages.
Anyway don't direct skepticism to it yet. Just know that your joke has been a real life math Problem in my head for a few days now.
Some may critique you, but I think it’s important to dream. All the best ideas started as dreams.
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what if we all just don't pay taxes
200% sales tax
If you shoplift, pigs shoot you on sight and get a paid vacation.
I mean, they're planning to gut the IRS so who would be able to come after us 🤷♀️
Gutting of the IRS is only going to impact the massive headcount needed to go after tge billionaires. They’ll still have plenty of people for the poor people.
This is what no one gets... they already avoided most rich tax frauds cause it was too expensive to fight them in court... getting poor folk is easy.
Way ahead of you.
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Also you gotta factor in inflation caused by the injection of $4.5 trillion of additional rich guy wealth into the economy. So even a lot of people making over $300k are probably going to be losing out after you factor in inflation caused by others getting more.
For 30k, one expected to pay 7500/yr taxes, although usually that was diverted by the employer and not noticed as much (other than the standard "why is my pay 465/wk instead of 576/wk?" question).
This would knock the takehome down by ~$30/wk due to the increased withholding by the employer to cover that 1500.
And when we look at it from our comfy warm homes, it doesn't seem like a lot. But, I can confirm from when I was working 3 jobs to support a university habit, that $30 was fucking crushing. I think that's 2 days a week of food, when every penny is bled out of you already.
Wanna bet the GqP is looking at it like $30 is nothing, like they're just skipping the appetizer at the clubhouse one day a week?
Don't be silly. 30 is not even on the gop radar. No way they're skipping an appetizer over it
I love basically losing a month of my income when we're already barely getting by. Fuck this fucking shithead administration to hell with a rusty whisk.
The complete opposite of what we need is a pretty good summary of Donald Trump
But that's not what the American people want. They don't want to end suffering. They just want to hurt the right people.
The 'Food Web' of this civilization and many others on this planet make absolutely no fucking sense its morbidly hilarious.
And the toothless knuckledraggers who'll be hit the hardest by this shit will thank the Führer for making America great again.
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Well, fuck.
Yes, I can image.even more regressive Republican tax cuts. It isn't like this is unusual for them or something unique to Trump. It is just more of the same shifting of the tax and cost burden down the economic ladder.
Trump v1 did increase the standard deduction for everyone. It's the only good thing he's ever done that I can list off the top of my head.
There is zero chance that he came up with the idea or had anything to do with that increase that happened while he was in office.
America’s largest, consistently profitable corporations saw their effective tax rates fall from an average of 22.0 percent to an average of 12.8 percent after the Trump tax law went into effect in 2018.
The 296 largest and consistently profitable U.S. corporations in this study paid $240 billion less in taxes from 2018 to 2021 than if they had continued to pay the effective rates they’d paid before the Trump tax law.
While profits for the largest, continuously profitable U.S. corporations rose by 44 percent after passage of the Trump tax law, their federal tax bills dropped by 16 percent.
The number of these corporations paying tax rates of less than 10 percent increased from 56 to 95 after the Trump tax law went into effect.
Many of the largest and most well-known corporations in the country — including Walmart, Verizon, Disney, and Meta — had the largest tax reductions after the Trump tax law went into effect.
https://itep.org/corporate-taxes-before-and-after-the-trump-tax-law/