Cannonpointer » 03 Apr 2024, 1:17 am » wrote: ↑
Governments and capitalists work hand in glove to put the burdens of government on those it least serves and to create bars against their betterment. Those who receive the greatest favors and services from government contribute the least to its operations - while the rentiers control appearances through think-tanks that generate and promulgate 24/7 propaganda narratives.
An example is the widely touted claim that the top 10% pay the most in taxes. The federal income tax is only one of HUNDREDS of taxes put on consumers. "Federal taxes" excludes the 14% taken OFF THE TOP for SS before workers even start to pay "federal taxes." The capitalist class is rarely even AMONG that top 10%, as their monies are adjusted to zero through made-to-order loopholes. The disproportionate share lands on the professional class - NOT the capitalist class.
Capitalism has turned the US into a country where the working man is under-served, over-taxed, and barred from rising unless he is an absolutely driven, inexhaustible, extremely lucky, and perspicacious fellow. And it has highly-contributing professionals, who studied and prepared and sacrificed, struggling to maintain a middle class lifestyle unless both partners work.
Welp, time to be a rent seeker.
FOS said if someone is poor and wants to get rich in a relatively short period of time in America today (2020s) they should just turn to crime, like selling drugs.
Crime (incl victimless crime like evading burdensome licensing laws) = tax free income.
I thought about this problem as well and came to the same conclusion.
If you make the vaunted "6 figs" you get taxed into oblivion - especially if you're "self employed."
Real estate is prohibitively expensive now so you can't just be some 105 IQ midwit who took out a bank loan to buy houses/apartments and rent them out to cover the expenses while it appreciated (which is what happened in 2009 - 2020).
Starting a business means you need to work 70 hrs /wk because now you have 2 jobs (marketing the business to customers + doing the work yourself vs just doing the work as an employee). And there is a high probability of failure.
Venture capital money has dried up and nobody is doing deals / entertaining startup ideas.
It's just slavery with extra steps.
I saw a post on Twitter written by a Canadian who said of all the people she knows, only one guy is living it up and going on vacations all the time while everybody else is worrying about rent or mortgage + non discretionaries...guess what he does for a living