Quote:
Originally Posted by Nexii
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Rich people can still invest a much higher % of their income than middle class. Everyone has a baseline of expense to just live (rent, food, clothing, medical, transportation).
Simply investing doesn't combat income equality. Though you can sorta ride on the lower class which can't afford to invest at all, you'll still be behind and the gap will continue to widen. Only wealth-based taxes as opposed to income-based really combat inequality
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Cant afford to invest at all? There are a multitude of meaningful stocks, in markets aligned with leftist ideology, for less than 10$/share and recent breakthroughs in app technology has brought us robinhood, a brokers fee free trading app. And ive been poor. Its not a life sentance. It requires the resolve to leave neverland, commit yourself to something, and hone in on it (specializing) instead of staying in neverland disillusioning youself to the lack of apparent opportunity.
The reason why opportunity is often overlooked, is because it comes dressed in denim and overalls, and it looks alot like hard work. Fuck your life sentance of poverty ideology, the left is actively seeking to make that disillusioned fantasy a reality.
As for your last snipet, equity growth IS taxed at wealth-based levels. Youre literally arguing FOR my position. Thanks, i guess.
Not only that, the left actively seeks to exponentially increase the income-based tax of every tax bracket at or above the poverty line. So where exactly does this leave your position? We all get to be "rich" but we get taxed more for being rich, insomuch as to drive us back down into poverty, so that we can be "rich" on our 1040, but not in actuality?