Born a Kennedy liberal-Raised on Reagan! Kennedy would be a conservative now. Two things that confound liberals- Economics and Logic! Taxation is theft. IFB US
@Roger_Negan We robbed SS and gave it Treasury IOUs.
The surplus is gone. Paying it back does come from additional borrowing (we pay and then interest) or additional bond issues.
@rushicrypto Market Value has nothing to do with the business.
It has to do with people trading the stock back and forth. It is worth what someone else will pay (or an algo).
Many companies with no real value are worth billions.
@Sttandifa The value they produce. Where? Do they show up and produce value out of thin air?
What value does the person who waters the plants produce?
There is NO extra value. If you have more value, you sell it for the market price- Dr. gets more than the cook.
@BladeoftheS Thank you for your opinion from the UK.
Over here, the rich pay 90% of all taxes.
The poorest 50% of people pay 3%.
If we took 100% of all the billionaires in America it would only fund the country for 7 months.
Elon's 1 T only covers the US interest on the debt.
Not taxes.
@ToriatheistTori NO, YOU ARE NOT GETTING IT CORRECT.
He delayed 1 billion in pensions for 5 years to fill a 1-year hole.
He is trying to tax them more for 500M
Raised fares on busses and subways.