ArtZuron,

Considering lots of folks knew it wasn’t going to work even as he was pushing for it, it’s not a surprise. We’ve known this for decades

the_third,

It was never the point, that was just a carrot for their voters.

ArtZuron,

Yes exactly. It wasn’t ever actually meant to help most people. It was dressed up pretty-like to fool an entire generation of rubes who are blind to what it did to their children and grandchildren

frog,

I’d love to see a study into what happens in countries that raise taxes on the rich. Do they all leave, as they constantly threaten to if taxes are raised? Do they find ways to dodge it? Or do they just pay it and life carries on?

Overzeetop,

countries that raise taxes on the rich

That’s Europe, right? The countries with universal healthcare, reasonably maintained infrastructure, and generally high standards of living? I don’t know, I don’t think it would work in the US. Too much Freedom™ here to overcome.

frog,

Even a lot of European countries don’t tax the wealthy as much as they could/should! The public services and infrastructure tend to be funded by a higher tax burden on the lower and middle classes, combined with borrowing (for example, France). And the UK is absolutely terrified that all the rich people would leave if they had to pay their fair share. Given their rentier capitalism contributes virtually nothing to productivity or public services, I think we should call their bluff.

EherVielleicht,

⣿⡏⠉⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⡿⣿
⣿⣿⠀⠀⠀⠈⠛⢿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⠿⠛⠉⠁⠀⣿
⣿⣿⣧⡀⠀⠀⠀⠀⠙⠿⠿⠿⠻⠿⠿⠟⠿⠛⠉⠀⠀⠀⠀⠀⣸⣿
⣿⣿⣿⣷⣄⠀⡀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢀⣴⣿⣿
⣿⣿⣿⣿⣿⠏⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠠⣴⣿⣿⣿⣿
⣿⣿⣿⣿⡟⠀⠀⢰⣹⡆⠀⠀⠀⠀⠀⠀⣭⣷⠀⠀⠀⠸⣿⣿⣿⣿
⣿⣿⣿⣿⠃⠀⠀⠈⠉⠀⠀⠤⠄⠀⠀⠀⠉⠁⠀⠀⠀⠀⢿⣿⣿⣿
⣿⣿⣿⣿⢾⣿⣷⠀⠀⠀⠀⡠⠤⢄⠀⠀⠀⠠⣿⣿⣷⠀⢸⣿⣿⣿
⣿⣿⣿⣿⡀⠉⠀⠀⠀⠀⠀⢄⠀⢀⠀⠀⠀⠀⠉⠉⠁⠀⠀⣿⣿⣿
⣿⣿⣿⣿⣧⠀⠀⠀⠀⠀⠀⠀⠈⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢹⣿⣿
⣿⣿⣿⣿⣿⠃⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⢸⣿⣿

shiveyarbles,

Yeah we didn’t need a study to reach that conclusion.

ericjmorey,

Link to the study eprints.lse.ac.uk/107919/

Seems like the original press release (which includes a link to a pdf version of the study) from the LSE was from 2020. www.lse.ac.uk/News/…/Tax-cuts-for-the-rich

It seems CBS pick this up because the working paper was finalized.

argv_minus_one,

Working as intended.

Lorindol,

What a surprising discovery.

DeForrest_McCoy,

Reagan would have pretended in public to hate Trump, but as long as he didnt think anyone was looking they’d probably admire each others perverted dismantling of the USA.

dax,

I donno man, seems like a lot of rich people piss is all over us

LordJer,

In other news the sky is blue and water is in fact wet.

agressivelyPassive,

No, water is only wet, because of government regulation!

If it weren’t for all the taxes and regulations, the economy could unleash water’s true power!

Aussiemandeus,
@Aussiemandeus@aussie.zone avatar

I don’t think water is wet, we get wet from water.

Water in the air doesn’t make us wet

delmain,

Enough water in the atmosphere makes us wet.

See: humidity

mooncabbage,

Imagine that.

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