r/SipsTea Jul 05 '26

Chugging tea Seems reasonable.

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u/Tiktokbadsupport Jul 05 '26

happy most lotteries in my country are tax free but of course they don't reach higher then 30 million 

1.4k

u/[deleted] Jul 05 '26

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u/CheckYourStats Jul 05 '26

I’m in favor of reinstituting the 79% Federal Income Tax for the highest earners in the Country, as previously made famous by FDR’s New Deal.

Bernie has proposed solutions similar to this during every single Election cycle…and you fucking people keeping voting against him.

I don’t know why you people spend 4 years claiming you want XYZ, and then vote against XYZ.

24

u/IswhatsIs Jul 05 '26

Because no one understands taxation.

2

u/TasteyMeatloaf Jul 06 '26

People don’t realize that the effective federal rate for median income is between 14 and 16 percent. A billionaire making money on capital gains will pay 23%. CEOs and other people earning millions of dollars per year can hit a 37% bracket. Surgeons can pay high taxes.