ashfiken said:

Right. They are currently fooled by the giant lobbying and propaganda wing they run of low tax on everything we can tax and should tax. And regressive, suffocating tax for the majority.
Da same shitslop low brow laps up..
Their minds simply need to be changed and to see it can and will come for them next, there is no more that can be extracted from the bottom 50%, guess where the next slice of pie to be eaten is?
The middle class has to realize this as fact.
Resulting in eventual tax on the ultra wealthy and corporations in progressive fashion

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sudly said:

ashfiken said:

Right. They are currently fooled by the giant lobbying and propaganda wing they run of low tax on everything we can tax and should tax. And regressive, suffocating tax for the majority.
Da same shitslop low brow laps up..
Their minds simply need to be changed and to see it can and will come for them next, there is no more that can be extracted from the bottom 50%, guess where the next slice of pie to be eaten is?
The middle class has to realize this as fact.
Resulting in eventual tax on the ultra wealthy and corporations in progressive fashion

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Billionaires run it, multi millionaires support it.. theyre the top 1% and top 0.001%.

The middle class and bottom 50% do need to vote against this.

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Quote:

Hawaiʻi’s two-tier tax system: How the rich use a glaring loophole to pay less

In Hawaiʻi, how you earn your money can determine how much tax you pay. This system is rigged in favor of the wealthiest among us.

While teachers, nurses and service workers pay income tax on every dollar they earn, the wealthy can shield a large portion of their profits thanks to a special tax break on capital gains.

Capital gains are the profits from the sale of assets like stocks, bonds, art, antiques and real estate. These profits are collected almost entirely by Hawaiʻi’s very wealthiest households—yet they are taxed at a significantly lower rate than income from work. This costly loophole not only reduces state revenue but fundamentally shifts the tax burden away from those most able to pay.

Currently, Hawaiʻi’s income tax rates follow a progressive structure, ranging from 1.4 percent to 11 percent for high earners. However, long-term capital gains are capped at a maximum rate of just 7.25 percent. This creates a substantial tax break for the wealthy. For example, an individual earning over $200,000 would pay the top 11 percent rate on their salary, while their investment profits are shielded at the lower 7.25 percent rate.

This disparity exacerbates economic inequality. Lower-income families, who rely almost exclusively on wages to make ends meet, rarely realize significant capital gains. The data is stark: over 70 percent of long-term capital gains in Hawaiʻi are accrued by taxpayers with incomes exceeding $400,000. Closing this loophole is a necessary step toward creating a tax system that treats all income equally, and one that is capable of funding solutions to Hawaiʻi’s greatest challenges

https://hiappleseed.org/blog/hawaii-two-tier-tax-system-glaring-loophole-rich-pay-less

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Icon said:

ashfiken said:

Their minds simply need to be changed and to see it can and will come for them next, there is no more that can be extracted from the bottom 50%, guess where the next slice of pie to be eaten is?
The middle class has to realize this as fact.
Resulting in eventual tax on the ultra wealthy and corporations in progressive fashion

---

Hence accelerationism. Withholding your vote or even voting for capitalists, until the situation is bad enough for the middle class to realize it's time to stop playing monopoly.

If not they'll just keep milking their middle class standards for as long as possible, taking as small steps as possible.

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sudly said:

What do you mean vote for higher taxes?

Who for? Income taxes? Private healthcare effective taxes? Capital gains taxes?

"Higher taxes" means nothing without context, without an explanation its a buzzword like communist.

Despite its higher income tax rate, Hawaii has a two tier tax system that gives substantial preferences to wealth over labor.

Quote:

Hawaiʻi’s two-tier tax system: How the rich use a glaring loophole to pay less

In Hawaiʻi, how you earn your money can determine how much tax you pay. This system is rigged in favor of the wealthiest among us.

While teachers, nurses and service workers pay income tax on every dollar they earn, the wealthy can shield a large portion of their profits thanks to a special tax break on capital gains.

Capital gains are the profits from the sale of assets like stocks, bonds, art, antiques and real estate. These profits are collected almost entirely by Hawaiʻi’s very wealthiest households—yet they are taxed at a significantly lower rate than income from work. This costly loophole not only reduces state revenue but fundamentally shifts the tax burden away from those most able to pay.

Currently, Hawaiʻi’s income tax rates follow a progressive structure, ranging from 1.4 percent to 11 percent for high earners. However, long-term capital gains are capped at a maximum rate of just 7.25 percent. This creates a substantial tax break for the wealthy. For example, an individual earning over $200,000 would pay the top 11 percent rate on their salary, while their investment profits are shielded at the lower 7.25 percent rate.

This disparity exacerbates economic inequality. Lower-income families, who rely almost exclusively on wages to make ends meet, rarely realize significant capital gains. The data is stark: over 70 percent of long-term capital gains in Hawaiʻi are accrued by taxpayers with incomes exceeding $400,000. Closing this loophole is a necessary step toward creating a tax system that treats all income equally, and one that is capable of funding solutions to Hawaiʻi’s greatest challenges

https://hiappleseed.org/blog/hawaii-two-tier-tax-system-glaring-loophole-rich-pay-less

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SirTripAlot said:

What happened to the Tea Party?

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Quote:

Universal Health Coverage Could Save $1 Trillion and 114,000 Lives Every Year, Yale Study Projects



https://ysph.yale.edu/news-article/universal-health-coverage-could-save-one-trillion-dollars-and-114000-lives-every-year/

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