Josh
5.6K posts


If you paid even one penny in federal income taxes on your income last year, then you paid more than Tesla. Here's why.

What we've witnessed here is a years-long, catastrophic failure of conservative media to demonstrate to Democratic staffers that they are fair and professional news outlets who can be trusted with sensitive information. Fox News should have been all over Swalwell's sexual misconduct years ago. It wasn't.

If you remember how dangerous a healthy Allen Craig was, this account is for you

Reasonable income tax brackets: $0-$50,000 : 0% $50,001-$100,000 : 5% $100,001-$200,000 : 10% $200,001-$500,000 : 20% $500,001-$1,000,000 : 30% $1,000,001-$5,000,000 : 50% $5,000,001-$10,000,000: 75% $10,000,000+ : 93%


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If you paid $1 in federal income taxes this year, you paid more than: Walt Disney Citigroup CVS Kohl's Ticketmaster Tesla United Airlines GoDaddy Paypal Palantir Roku HP 3M PG&E Halliburton That’s absurd. We need real and progressive tax reform.


Haitians first received TPS because of an earthquake. That was over 15 years ago. America is not their permanent motel.

So taxing vacant, expensive property is actually a very good tax, and as much as I loathe Mamdani, this is not a bad idea. The logic is this: buying large properties and NOT LIVING IN THEM imposes externalities on other citizens: The first, of course, is that it eats up demand for real estate in the city, and there’s only so much room in Manhattan. Now, of course, they should just remove rent control and make more sensible building codes, etc., to increase supply, but supply is still always going to be limited, and you want that to go to people who are going to be actually living in the places that they buy. Second and more importantly, buying up real estate that sits empty imposes a cost on every business in New York and the employees and owners of those businesses because these wealthy owners, who are not in the city, patronizing restaurants, booking taxis, going to shows, etc., are taking up real estate from people who otherwise would. That imposes a cost on all of those businesses in the form of reduced demand for their products. Those people are also not paying the city taxes (ie sales taxes) that they would otherwise pay if they were patronizing businesses in the city. If you’re going to tax properties, it makes far more sense to tax empty properties than full ones.

Happy Tax Day, New York. We’re taxing the rich.

Happy Tax Day! It’s good to remember that the Top 1% of earners pay 46% of all federal income taxes. The bottom 50% of America pays for just 2%.






