What did he mean by this?

Is this reasonable, do you think?

Other urls found in this thread:

youtube.com/watch?v=YKjPI6no5ng
youtube.com/watch?v=h25OMMZ8qrA
en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP
twitter.com/AnonBabble

Seems like something your country would do

Yeah, my company is so successful and stimulates the economy enough that you should punish me for it

kek. We have lower taxers on average than the states. The states has some of the worst taxes in the world.

large rounded number?
basic criteria met with an equally basic yet horrendously exaggerated result?

yeah, reasonable isn't the word i'd use. I'd likely use a word that starts with the same two letters though

It is fairly reasonable in the sense that no one actually earns a billion dollars a year, so feel free to have that law in place.

He meant they should 100% be taxed, meaning definitely.

This is the most retarded thing i ever heard

>We have lower taxers on average than the states.

This is just blatantly wrong.

He *probably* mean that they should be taxed 100% of the time, not that they should be taxed 100% of their income. Either that or he misspoke.

Why not 200%? Surely that would generate twice as much money.

Lool up what a loophole is. Because of loopholes, the effective tax-rate is much lower than the stipulated one.

this all the way

you make a lot of sense.

He means "100%" as in they definitely should be taxed some amount.

I hope.

What if we taxed people 300%? Even more money.

how could you even mean to say taxing anyone so they cant profit at all, not even to run their business, on purpose?

what a shitacular misquote

Dude holy shit i think you just solved the budget deficit problem

could be written "people who earn over a billion dollars a year should be taxed, 100%" possibly saying they should definitely be taxed rather than the tax rate they pay is 100%

>Because of loopholes, the effective tax-rate is much lower than the stipulated one.

That's a really fucked up system

t. Bernie Sanders

"No one, i reapeat, no one, needs a billion dollars. When you reach that level of income there is litteraly nothing left you can buy. That's why people like bill gates litteraly give their money away. Dude, none bloody needs a billion dollars. If they've earned that much the rest of their income should be taxed 100%. Why bloody not?"

From sargons stream "the rationalists"

Is Sargon purple-pilled?

>earn a billon dollars
>give up all your worth because commies like OP
>your net worth is now 0 because communiggers
niggers, not even once.
OP is and will always be a faggot.

>they definitely should be taxed some amount.

good goy

ahh, thanks. i hadnt heard the entire quote

you know whats really fucked up? a tax, on peoples income

So by that logic, a man with lots of money deserves no money at all, including what he accumulated? I hope I am interpreting that wrong

What about consumption taxes

He is talking about the meritocratic principle of the 100% Inheritance Tax. Other meritocrats will tell you that your spoiled ass, rotten degenerate millennial-like children should grow up just like every other child. Equal Opportunity for Every Child, is in fact, the Meritocracy Party's slogan. When you die, your money goes back into the system, no buts.

Yeah, then we'd have more money to spend on diversity and cultural enrichment!

I think he means any further income after the point of 1 billion will be taxed at 100%, making the billionaire essentially work for free.

But also a reminder that sargon doesn't understand the first thing about economy.


He says that there is some objective "reasonable" income cap, and that groceries aren't worth what the market is willing to pay, but rather have some objective value presumably set by the state.

Sounds like a neet faggot. "Rich are evil, gimme your money. The government will make efficient use of it.". Dude is a fucking leftist, no one should listen to him.

BTW, notice how bill gates give away his money by his own choice, not coerced to relinquish it all to the government

there should be taxes on wealth, not income. don't be an idiot.

I don't think Seth Rogan deserves to live in 5 different mansions when the majority of people can't even afford a broken home.

Mix of blue and red? Sure.

This, except I'm willing to live with it because I like having a loo to poo in and pipes that take my poo away and treat it before it's returned to the local waterways.

>making the billionaire essentially work for free.

In theory, what always happens is that the money gets funneled to a tax haven and you see nothing of your "solution" do any efect

Like what we have? Cmon dude our tax system sucks because we aren't fuckin free or capitalist anymore.

cry me a river, faggot. maybe get some talent instead of working at starbucks, nigger. You get what people are willing to pay for your labor.

This is what he meant. I saw the video and it's retarded. He always says that people should be free to do what they want, but then he has this stupid argument that no one should want to make over a billion dollars and if they do they should be taxed on everything over it. He defends everyone's right to make whatever choices they want about life goals until that point.

You didn't build that it's built on the backs of people of color. Pay your fair share.

Millennial nu-males who make money from youtube videos should be taxed 110%.

youtube.com/watch?v=YKjPI6no5ng

Does anyone have that video where some guy outed him as a Marxist?

I got linked to it in one of these threads, meant to watch it, but never got around to it and now I can't find it.

youtube.com/watch?v=h25OMMZ8qrA

But Jews will magically be exempt from this tax. Yeah I'm not falling for that one. They just don't want goyim to be successful.

Investing money is objectively better than earning money
When you earn a high income, almost all of the benefit is captured by yourself
When you invest in capital (even houses a bit), you enrich society or your ancestors

Let me ask you something. Do you not think that because we live in democracy, we have a system that allows communists, niggers, and SJWs to thrive? If a system is creating it's own enemies, it is a failed system.

And welfare! We need to pay for their kids and the education of those kids!

Like most Swedes, you have no idea what you're about. Your feelings aren't good enough.

I dont think people earn a billion a year. They invest it and hide it before it reaches that point.

I'm against democracy.
I want a fascist dictatorship.
That executes niggers, kikes, liberals, communists and whatever else publicly.

Any system will create it's own enemies.
A system that deals with them properly is what we lack

He doesn't look like a person who makes this kind of money so he should up really fast

That's it. Thank you.

What's really telling is how Sargon's response was basically "I was kidding and I don't know shit about economics". I mean I guess this guy was taking it a bit seriously, but Sargon never denies that he's right.

He meant that he doesn't understand the difference between income and net worth. He also meant to convey a broader economic illiteracy.

ITT: How to send billions of dollars offshore because MUH SOCIAL JUSTICE

Sargon has become a joke. Which is why I stopped watching him and his shilling.

lol
say you make 1 billion dollars, after that all ur money is taxed.
that does not mean ur net worth turns to zero.
it just means u cant make more than 1 billion dollars.
and why the hell would anyone need more than that.
its so retarded that people have that amount of capital, which obviously also today is influence.

zzzz
he is saying that after 1 billion dollars, u cant make more.

That's actually an interesting idea. The cap could be even lower really.

The dumbest thing I've ever read on here, and that's fucking saying something

fugg u filthy gommunist

How is it a bad that someone whom makes a billion dollars by labour and investment produces more than than and gets paid by some company or customers

>BTW, notice how bill gates give away his money by his own choice, not coerced to relinquish it all to the government
And he gave it away doing what he wanted to do.

Well first I'll let you know I have socialist leanings. Education, health care and more should be covered by the sate with private alternatives. Beyond that I think the capitalist system does give too much power to the mega rich. In Australia we have a mining fortune heiress buying out media for example. There is a point where individual wealth reaches a point the majority could agree is excessive. Personally I think it's somewhere around 100 million per year. If we capped earnings there and the rest was redistributed through taxes we may have a healthier society.

heh

But if you cap earnings you don't get any money by taxes
Tax rate = 100%
Tax revenue = 0
People won't work for free

Yes.

Tax the people with the highest ability to leave the country out of any other group at 100%

This is not completely fucking retarded.

Not at all.

to be honest, family, I'm having a hard time believing a somewhat reasonable guy like Sargon said this.

I believe this is called robbery

The guy is a fatass retard. What will stop the billionaires from moving to a more tax friendly country, and there will be no longer be an incentive to become ultra-successful. Who the fuck would want to work hard enough to become a billionaire if it all gets taxed away and you are left with nothing?

I think we might have misunderstood each other. I'm saying if someone earns $100 million in a year their personal income should be taxed 100% beyond that. To be fair I don't really know how that would work with people who don't take a salary. I also believe in caps on how many business properties a person can own to prevent large franchises appearing.

He's from England. He can't help it if he's a little faggy.

No not in any real terms you fucking retard. Sweden is the 4th most taxed country in the world with 45% of GDP taxed.

en.wikipedia.org/wiki/List_of_countries_by_tax_revenue_as_percentage_of_GDP

Franchises are basically rent a menu and marketing campaign. They are already separate business dumbass.

No. Let these people have their numbers game.
Destroying that incentive ironically might make society worse. They make less money but produce less and contribute less.

I know it sounds stupid but if someone hits the billion dollar "cap" they might just shut down all their existing business ventures.

Most billionaires donate a lot anyways, at least the ones who aren't total faggots. The gov doesn't deserve money you *know* they will be irresponsible with

Caps on personal income beyond a certain point would act just like a 100% tax though. They're the same thing

...

Sargon is one of the better lefties but he's still a fucking leftie.

Leftists see rich people as a Scrooge Mcduck type that just goes home and swims in a giant piles gold. They don't realize a billionaires money isn't liquid, almost all of it will be invested in various things. Things that greatly help mankind. The type of people that are smart enough and can build billions of dollars are precisely the type of people that should be deciding where that investment of capital should go.

Look at the stupid shit that governments invest in, they have no stake in that investment. If it succeeds, great. If It fails, who gives a fuck. This is why stupid like solar roadways gets millions of dollars in government grants. On the other side the private person is risking their own wealth so they have a real motivation to be smart about where that money goes.

>They don't realize a billionaires money isn't liquid, almost all of it will be invested in various things
Exactly. The fact that inflation exists proves it.

>needs
There's that fucking word again. This guy made a big stink about being called a Marxist, but he expresses blatantly Marxist reasoning all the fucking time.

Also, fun fact, Bill Gates would have done 100x more good if he had just invested that money into African businesses instead of throwing it away on gibs.

Business and industry create wealth, period. All this dipshit accomplished was wasting billions of dollars.

100% false.

Sweden has one of the highest personal tax rates on earth (3rd maybe) especially when you factor in the hidden payroll tax every employer pays on each employee before even cutting them a check.


The nominal business income tax rate is lower, but that's made up for quickly by the facts that:

>US companies pay much lower than their nominal tax rates. All Swedish businesses pay their nominal tax rates (at least).

>Businesses here get fucked with payroll tax on each employee (like 35%).

>Businesses here need to fund 5+ weeks of paid time off for each employee.

The guy should keep to bashing feminists and it's fine, he knows nothing about economics and should not make up these sort of feel good plan without a coherent thought behind it.

>need

t. poorfag displaying the sins of greed and envy

Right wingers don't realise that billionaires squander money on """"""""""investments""""""""" when they could have anything over a billion taxed and used to fund schools and roads and hospitals and other directly benefitial causes.

He understood you perfectly. If I am going to be taxed 100% after I make a billion dollars, I would simply stop working every year the second I hit that point because further efforts would be wasted.

All you accomplish is encouraging factories and businesses to shut down for half of the fucking year.

Or, what if I own a business worth 10 billion dollars? Are you saying I can't sell it for more than 10% of its value? How does that make any sense? What if I want to sell a 10 billion dollar business to buy two 5 billion dollar ones. I can't do that even though I'm just exchanging properties? The whole idea is fucking retarded, it just makes it impossible to do business without breaking the law!

> schools, roads and hospitals
> directly beneficial

Poor b8.

> muh don't fire nurses and teachers
> muh roads to nowhere that become net losses
> muh government educated populace utilitarianism

Blue pilled af

He thinks "no one should be collectivist," but because minorities are always tribalist, effectively he just wants whites not to get together for their own interest.

Why don't you quit being a retard and tell us what you think?

There are some people here who don't know the difference between income and net worth

Why don't we just give free surgery to those ho need it? That would allow millions of homeless people to start working in the fields

>I don't like the fact that other people work harder and are smarter than me, and therefore accumulate more resources. I want to enlist the help of my fellow failures and steal these individuals resources.

>''investments''
They're called investments.
They add ot their wealth by making a profit. They make a profit by generating value to society- goods and services

>muh market freedoms! economic freedom for all peoples!
>but kill those commies and niggers, they dont need freedom! they need to die!

> actual economic logic

REEEEEEEEE BOURGOISE GET OUT

Take the Inditex founder (Amancio Ortega) case:

He founded the company decades ago. Today it's one of the biggest clothing companies in the world.

Being the founder, he still has around 60% of the company stock, effectively controlling the company. That stock alone is worth more than 60 billion USD.

But "no one needs more than 1 billion", so he has to sell the stock and give the money to the government until he reaches the 1 billion threshold.

After these shenanigans, Mr. Ortega only holds 1% of the company, losing the control. Lots of stock are now available in the open market.

Gee, I wonder (((who))) would be interested in buying a large stake and controlling one of the biggest companies in the world.

yeah really

for some reason Sup Forums basement dwellers think they are better arbiters of human worth than the free market, which, without a welfare state, naturally eliminates useless degenerates on its own

He wants people to be wealthy and non degenerate, and not to have niggers like you strolling around