Ah yeah. It would take a lot. Even at 90% $100m from a billion is still way more than most of us.
Ah yeah. It would take a lot. Even at 90% $100m from a billion is still way more than most of us.
If the tax bracket for no taxes is $10k, you don’t get taxed if make under that.
If the tax bracket for 5% is $10-20k, and you made $15k, the first $10k is not taxed, but the $5k is taxed at %5.
So you would never make $0 after taxes, even if you made it into the hypothetical 100% tax bracket.
No excuse for the DNC, but I think seeking the “moderate Republicans” is a condition of their big donors. Every time the Democrats lose, since Reagan won, they move right because they think they lost because they weren’t conservative enough. And despite all polling that suggests otherwise, they keep doing it.
In general, they would get more money and power if they won, so why do they keep shooting themselves in the foot every fucking time? In my mind, even if you factor in that they don’t give a shit about the common people and are motivated by money, it only makes sense if they are being manipulated by their big donors to do this stupid shit.
It can always get worse. I agree with you.
I don’t see the Democratic leadership making the right moves, they’re not going to align themselves with the general public. They keep trying to woo moderate Republicans instead of the huge amount of voters who they could easily get.
I don’t consider Libertarians or Greens a real third party, they only come out every four years and only care about fund raising by taking advantage of voter frustration with the Dems and GOP.
I think it’s worth a shot, but there’s only a year left to go for it. If it can’t get the ground swell in a year to get a bunch of candidates ready to get local gov positions, it’s unlikely to work by the midterms. And I think the midterms are the best shot to gain ground.
But what do I know? If I was smarter and more knowledgeable, I’d be able to help start it. But I’d certainly help the movement.