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Celerity

(52,541 posts)

108. You will never come close to reducing the debt via wage income tax tinkering.

Tue Sep 14, 2021, 12:12 PM

Sep 2021

The total wage income for 2018 in the US was around $8.4 trillion, yet the total personal income was around $17.8 trillion.

IN 2020, total wages went up to $8.9 trillion, BUT total person income came close to £20 trillion (19.7). The ultra rich made out like like bandits, yet the average person sees little to no rise.

You have to tax the hell out of that non wage wealth income, including instructional financial turnover (quadrillions of dollars each year), accumulated wealth, and rentier income. That is all massively undertaxed.

Also, you need to MASSIVELY reduce the trillions wasted/extracted via the horrific for-profit US healthcare system, and trillions wasted on the gaping maw that is the US war/security/surveillance state.

Wealth inequality is running riot in the US and wealth equality is by far the number one most interlocked, overarching statistic that determines the overall well-being of a society. Nothing else is even close.

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AOC at Met Gala - "Tax the Rich" [View all] CousinIT Sep 2021 OP

. Takket Sep 2021 #1

Feed the poor. 'Til there are no rich no more!🎶 LakeArenal Sep 2021 #2

The two have nothing to do with each other. brooklynite Sep 2021 #6

Seriously, Ten Years After is tongue and cheek. LakeArenal Sep 2021 #19

we are not socialist, just gobsmacked to still see this dross pushed here Celerity Sep 2021 #29

These wealthy taxpayers paid $200,000 per table for this social Hortensis Sep 2021 #63

I have always loved this song. I wish the solo at the end went on for 20 mins, though. SYFROYH Sep 2021 #132

🎶🎶❤️🎶🎶 LakeArenal Sep 2021 #137

We can't do that! Omnipresent Sep 2021 #3

She's at the Met Gala? Well I guess that's where you will Tomconroy Sep 2021 #4

Average cost of gowns there? NT mahatmakanejeeves Sep 2021 #5

Probably $5000-10,000 Marius25 Sep 2021 #102

Do you know that the people attending oppose higher tax rates? brooklynite Sep 2021 #7

Not living in NYC, I have to ask, what's the gala for? mahatmakanejeeves Sep 2021 #8

This is a fundraiser for the Metropolitan Museum of Art. brooklynite Sep 2021 #9

I think it's a fundraiser for the Fashion institute of the Tomconroy Sep 2021 #11

She's still Sgent Sep 2021 #58

It's a fundraiser Dorian Gray Sep 2021 #22

The vast majority of wealthy people would prefer Bettie Sep 2021 #30

All the more reason to applaud her gutsy move. She is not a coward! joetheman Sep 2021 #87

Perhaps the Congresswoman should focus her attention on her fellow members of Congress... brooklynite Sep 2021 #10

Had she worn a gown made out of duct tape, she might have made more of an impression. NT mahatmakanejeeves Sep 2021 #12

I'm sure Dorian Gray Sep 2021 #24

neither precludes the other fishwax Sep 2021 #36

It's 30K per ticket. sheshe2 Sep 2021 #13

Yeah - it's the post - but they are bringing the tea JustAnotherGen Sep 2021 #14

Ha! sheshe2 Sep 2021 #15

Oh wow! BlueLucy Sep 2021 #16

Dunno. sheshe2 Sep 2021 #20

The gown was donated by a young black designer. LakeArenal Sep 2021 #138

No, we don't Red Mountain Sep 2021 #139

Who paid for the tickets for herself and her boyfriend? sheshe2 Sep 2021 #143

To hob nob and raise money for her upcoming election Dorian Gray Sep 2021 #25

She was invited (didn't pay) n/t FreeState Sep 2021 #34

According to Newsweek, celebrities attend for free in exchange for promoting a designer's clothes. lapucelle Sep 2021 #60

Quid pro quo? I don't know... NurseJackie Sep 2021 #66

Status quo. betsuni Sep 2021 #69

Same as it ever was. NurseJackie Sep 2021 #79

+1 Nixie Sep 2021 #146

are you also going to accuse Carolyn Maloney of quid pro quo? Celerity Sep 2021 #80

I've made no accusations. NurseJackie Sep 2021 #85

Who designed Maloney's dress? Was she promoting a brand? lapucelle Sep 2021 #89

Whatabout. betsuni Sep 2021 #86

Yes. Apparently... NurseJackie Sep 2021 #91

Bingo. Treefrog Sep 2021 #117

Just random pictures of attendees misses the point, Nixie Sep 2021 #145

Partnered is this case is she was a co-designer of the dress FreeState Sep 2021 #112

The representative herself said that she "was partnered with James". Who did the partnering? lapucelle Sep 2021 #133

Interesting, thank you! betsuni Sep 2021 #142

Hanging out with the rich Raine Sep 2021 #55

I thought hanging out in wine caves and such with elites/establishment/capitalists was bad. betsuni Sep 2021 #61

That's one month's rent for 50 families, or could even get one's grandmother's roof fixed. George II Sep 2021 #17

Yes. sheshe2 Sep 2021 #26

Somehow that argument sounds familiar.. tonedevil Sep 2021 #101

So AOC is Jesus? mcar Sep 2021 #123

New International Version has the quote verbatim, other versions in paraphrase: Emrys Sep 2021 #126

Wasn't in the Catholic Bible mcar Sep 2021 #127

I found it on Wikipedia... tonedevil Sep 2021 #134

The sophomore representative from NY-14 considers that she and designer Aurora James lapucelle Sep 2021 #23

Un fugging believable. sheshe2 Sep 2021 #27

Perhaps the ticket was purchased with campaign funds? tritsofme Sep 2021 #31

Nope. George II Sep 2021 #44

Nope on what? tritsofme Sep 2021 #49

Most of it is charitible Sgent Sep 2021 #59

The "working class" bit sounded strange, for sure. Nixie Sep 2021 #73

+100000000 betsuni Sep 2021 #74

Way to put words in her mouth FreeState Sep 2021 #40

The post to which you responded doesn't mention middle class. George II Sep 2021 #45

They still don't identify as working class FreeState Sep 2021 #46

Politicians who attended the Met Gala JustAnotherGen Sep 2021 #53

I remember the 2001 exhibit and gala. It honored Jackie Kennedy during her White House years. lapucelle Sep 2021 #136

Everyone should watch that before they disparage AOC LakeArenal Sep 2021 #140

I'm with you on the "crap" JustAnotherGen Sep 2021 #144

This message was self-deleted by its author FreepFryer Sep 2021 #70

Tax the rich. Tax the corporations. Tax the churches. sarcasmo Sep 2021 #18

Churches that engage in politics. LakeArenal Sep 2021 #21

Love it. Celebs never pay for their gowns. Designers love having a celebrity wear it Arazi Sep 2021 #28

It had better not be a gift. Elected officials are not permitted to accept gifts. George II Sep 2021 #33

If your invited by a designer you don't pay for a ticket n/t FreeState Sep 2021 #37

If you attend an event that costs $35k (or $50k?) without paying, that's a gift over the limit. George II Sep 2021 #38

She helped design the dress FreeState Sep 2021 #39

I was talking about the price of a ticket to attend. This wasn't a political event. George II Sep 2021 #41

There was no price - designers and designer guests get a free ticket n/t FreeState Sep 2021 #42

A non-political event that has a ticket price of X dollars is not free, guests notwithstanding. George II Sep 2021 #43

Keep trying I'm sure she's done something horrible. /nt tonedevil Sep 2021 #54

well, she does live rent free in some people's heads Celerity Sep 2021 #56

ROTFLMAO/nt tonedevil Sep 2021 #57

Oh, lololol. Yeah, good to know that her criticisms of Nixie Sep 2021 #75

+1 betsuni Sep 2021 #76

you seem very selective in your criticisms Celerity Sep 2021 #78

A little hypocrisy never stood in the way of some old fashioned AOC bashing. PTWB Sep 2021 #83

+1 Celerity Sep 2021 #88

+1 Bettie Sep 2021 #96

Sorry, but no. Not the same thing, and you probably Nixie Sep 2021 #94

Only if the real estate has value Sympthsical Sep 2021 #90

best aoc upset snark ever! Voltaire2 Sep 2021 #92

Exactly! traitorsgalore Sep 2021 #48

This message was self-deleted by its author MrsCoffee Sep 2021 #93

As long as AOC keeps irritating all the right people inside and outside the party SYFROYH Sep 2021 #32

agree blogslug Sep 2021 #35

Right there with you ChubbyStar Sep 2021 #47

Some people in this topic wouldn't be happy unless she showed up... Lancero Sep 2021 #50

Ah fuck that ChubbyStar Sep 2021 #51

I can't even see half the responses. Lol! demmiblue Sep 2021 #64

Of course I logged in as a guest to read because I knew I would only see about 10 replies as Chubby ChubbyStar Sep 2021 #115

+1 Celerity Sep 2021 #52

Lol. Hassin Bin Sober Sep 2021 #68

+1 demmiblue Sep 2021 #62

We need to require a lot more of a CONGRESSWOMAN than irritating Hortensis Sep 2021 #65

+100000000000 betsuni Sep 2021 #71

I didn't say that irritating people was the only thing she does. SYFROYH Sep 2021 #82

She made a Statement. Kid Berwyn Sep 2021 #67

✔️ LakeArenal Sep 2021 #141

Brilliant. Makes melania's stunt look even dumber and more impotent than it was. Go AOC! nt FreepFryer Sep 2021 #72

ha ha I love this woman. +1!!!!! BeckyDem Sep 2021 #77

I literally just listened to a rant by Joe Scarborough on MSNBC... bullwinkle428 Sep 2021 #81

Really we need to raise taxes on everyone. fescuerescue Sep 2021 #84

yes, because all those fat cats bringing in $7.25/hr and living the posh life in Celerity Sep 2021 #95

It's not about the wealthy vs the poor fescuerescue Sep 2021 #97

are you a deficit hawk? Celerity Sep 2021 #98

I wouldn't say that fescuerescue Sep 2021 #100

You will never come close to reducing the debt via wage income tax tinkering. Celerity Sep 2021 #108

when exactly is this 'debt catching up'? Voltaire2 Sep 2021 #103

If debts don't matter fescuerescue Sep 2021 #107

they don't matter as long as they are within certain limits. Voltaire2 Sep 2021 #120

It's only a myth as long as we manage it properly fescuerescue Sep 2021 #122

no your point, if you recall, was that you needed to tax the poor Voltaire2 Sep 2021 #124

I get to decide what my point is fescuerescue Sep 2021 #125

sure, but you don't get to redefine your point when it gets uncomfortable. Voltaire2 Sep 2021 #128

Yes I wrote that in #84. But your later paraphrasing in #124 was incorrect. fescuerescue Sep 2021 #129

so 'everyone' doesn't include the poor? Voltaire2 Sep 2021 #130

Just start back at post #84 and work your way down. fescuerescue Sep 2021 #131

gobsmacked (again) that I am seeing RW austerity manoeuvring and 'tax the poor more as they Celerity Sep 2021 #113

Isn't the laffer curve a RW conspiracy itself? fescuerescue Sep 2021 #116

it is poor, over-simplistic economics Celerity Sep 2021 #118

The wealthy derive, by far, the most benefits from an orderly well regulated society... hunter Sep 2021 #110

Le secret des grandes fortunes sans cause apparente est un crime Celerity Sep 2021 #114

Where is her mask? Zeitghost Sep 2021 #99

She did obnoxiousdrunk Sep 2021 #105

I'm so glad you found something to attack her with. Voltaire2 Sep 2021 #106

The posted pictures alone Zeitghost Sep 2021 #111

Oh you find them peculiar? ChubbyStar Sep 2021 #119

for example Voltaire2 Sep 2021 #121

Nice photo. jalan48 Sep 2021 #104

Bravo! WHITT Sep 2021 #109

She's so gorgeous... Phentex Sep 2021 #135