Comments by "N Marbletoe" (@nmarbletoe8210) on "Professor calls to tax the rich at 80 percent" video.

They can be, but most of the time people don't actually donate enough to change their bracket.
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That makes no sense. If I donate $100 to charity and write it off on taxes, I save about $15 on the taxes. So I'm still down $85. Donating to charity costs money, period. You only get a percentage back, from deducting the donation from your taxable income.
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@davinciandres6131 Abortions have gone way down since Roe v Wade. Reverse consequences are very common. There are twice as many guns now as the 1990s, but half the gun crime. Reclaiming swampland leads to flooding. Outlawing clove cigarrettes started a clove craze in my highe school. Etc.
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Your company gets it's paycheck from poor people and rich people, whoever it sells to. So you may actually get your money from them.
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@dbdevour "During the 1940s-1950s the tax rate for the wealthy was 90%...How did that work out" Not great. 1. The wealth share of the top 1% was steady through that period, at 30%. 2. This was a time when international conglomerates began to dominate the world commerce. The big money was off shore and out of reach. 3. The effective tax rate, what the top 1% actually paid, has been around 35% from the 1930s to today.
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@bowtietech8bishop685 Sure. You donate money to charity, pay less tax, but you pay more overall in tax + charity.
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Professors don't make 360k!!! (more like 60 to 120k)
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@elijahmiles8874 Billionaires are the top 1/10,000th of 1%. Think about it. The top 1% is one out of 100 people. That's a lot! If you live in a town of 10,000 there should be 100 billionaires! But there's only 300-400 in the entire country. They are way way way way above the 1%.
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@chantelbarcomb1766 idk about Professors in general, but science profs DO often pay for supplies, whenever they don't have grants. Field research is basically a blue collar job 50% of the time, making traps, collecting buckets, clearing trails... and you can do a lot of it cheaply when you have to. High school teachers can be better teachers though. Science profs have to care about students passing, and also getting published.
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@chantelbarcomb1766 the school did provide for the classrooms, but field research with grad students, volunteers and interns was often shoe-string. Then other times we had good grants and could go bananas, work on other islands, pay for lab tests, hire people, buy buckets etc.
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@kofola9145 Agreed!!! Doing nothing is better than messing up people's lives with a dumb law, or even a smart law that is not thought out really well for it's actual consequences.
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Tipping's good. Also, buying local products re-distributes wealth from international markets to local people.
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Actually the top 1% starts at earnings of about 200k to 300k a year. That's not even wealthy, just rich. Professors can make 60 to 120k, so she's not THAT far behind the 1%. She's probably in the top 3%.
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@thelege7934 exactly :!
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