I'm gonna let you in on a little secret... America isn't $36 trillion in debt because humble, regular people have Social Security and Medicare. It's that deep in debt because billionaires and millionaires don't pay enough in taxes, plain and simple. - ThreadSky

mayoroffunkytown.bsky.social • 96 days ago

I'm gonna let you in on a little secret...

America isn't $36 trillion in debt because humble, regular people have Social Security and Medicare. It's that deep in debt because billionaires and millionaires don't pay enough in taxes, plain and simple.

Comments

kk1647.bsky.social•91 days ago

Truth.

evilwhippet.bsky.social•96 days ago

Just take a walk around most American cities.
They’re dilapidated and full of homeless who America has decided to forget.
Billionaires not paying tax (in some cases none at all) is shameful.
Go to most European cities and see how different it is.

kerkphil.bsky.social•96 days ago

But (putting on dusty retired economist hat) the top 1% of income earners in the US pay 40%+ of all income tax revenue. Higher income taxes on the wealthy simply won't solve the problem. Now, a wealth tax...

justushoneybees.bsky.social•91 days ago

Fact. And let’s add in all the hugely wealthy corporations like Amazon AND Trump properties paying ZERO in corporate tax. Some even get refunds!

smoogley21.bsky.social•96 days ago

I wonder why (most) Democrats or (any) Republicans never mention this.

It's almost like they're bought out or something...🤔

millicentfriendly.bsky.social•91 days ago

It was a part of Biden's 2025 Budget. He advocated for raising taxes on the wealthy & corporations.

steve-levine.com•96 days ago

And the gap is only about to widen

jonny-spanner.bsky.social•96 days ago

For enough, read "any"

May I make a modest suggestion.....?

mayoroffunkytown.bsky.social•96 days ago

Go for it.

jonny-spanner.bsky.social•96 days ago

So much bacon, Musk alone would be 500+ good breakfasts

32highmason.bsky.social•96 days ago

And the Government made it there Private Piggy Bank

cynthiadolliole.bsky.social•96 days ago

The billionaire tRump supporting fools continue to prove themselves to be mentally ill, hoarding greedy idiots destined to destroy themselves and everyone else for more money! Trying to gain the world while losing their souls!😢

ricochet42.bsky.social•96 days ago

That and churches. If they paid taxes, we wouldn't be struggling at all in this country (assuming funds were being adequately distributed amongst those who needed it most) buuuut... Criminals are in charge of it all.

cooltxchick.bsky.social•96 days ago

Facts!

marathonitca.bsky.social•96 days ago

Too bad the incoming administration doesn’t agree.

gregleesnyderpdx.bsky.social•96 days ago

Tax cuts for the rich, wasteful spending, like billions of dollars in subsidies to already profitable corporations, and an $824.3 billion defense budget that unaccountably loses billions of dollars every year. Less spending on wasteful programs and more taxes on the rich are needed.

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