It’s extra fun to contemplate the fact that billionaires also do not work.
this post was submitted on 27 Aug 2025
356 points (98.9% liked)
News
31877 readers
2602 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 2 years ago
MODERATORS
In fact. Us poors will make more money for people that are already wealthy than we will ever for ourselves.
And that's news?
I'm old enough to remember spotting Michael Jackson's first album in an obscure record store in SF and wondering if this guy was any good, and I've always knows rich people pay less taxes than working stiffs. In fact, I'm almost certain that's where the idiom to get stiffed comes from.
I also don't remember a time when I haven't thought the next time I come across a rich prick, if he's enough of a prick, I might just slit his throat for the sheer satisfaction of doing it.
i swear these headlines and supposed "studies" are getting dumber and dumber.
To be fair, the research paper wasn't asking "who pays less", it was asking "what are the exact amounts paid". The news headline then had to dumb it down to "billionaires pay less".
This is literally the entire proposal of Trickle-Down Reganomics we adopted in the 80s. It's not some unintended end result, it's the conscious decision that was made.
News just in, bear shits in woods.
Not for much longer.
Won't be too many bears left...
And water is wet.
time to collectively stop paying taxes
you're still paying taxes?
lol na i’m act 20/22 in puerto rico
i pay 21% on average, but i am a tax expert.
No shit
Um, it's unfair that I have to pay a capital gains tax at all, sweetie.
Why? You didn't do any work to get that capital gain, you just bet on the right horse in the market. A $5k capital gain is just like winning $5k at the track, and should be taxed the same way.
You didn’t do any work to get that capital gain
Exactly! If I didn't do any work, I shouldn't pay any tax. It's simple, really.
A $5k capital gain is just like winning $5k at the track
As an avid gambler, I don't think gambling should be taxed either.
At least you're honest
I feel like they're being facetious, but it's getting harder to tell these days.
They live in Texas, so it's anyone's guess — from what I've gathered they're well off, if that changes your opinion.
Disagree. If you earn $1 a year I think you should be paying something in taxes, possibly getting it back (less interest), but you should have skin in the game.
It's for private equity, Sweetie. NEXT!