Comments by "sea breeze" (@seabreeze4559) on "Joe Biden’s New 43.4% Capital Gains Tax Rate" video.

"hard earned" through another person is not earned, though, in the most literal sense of the word income tax should be low (like, no more than 10% just on essential services, and parents only pay for schools) but high capital gains makes sense, since the person did zero personal work for that money, they could've sat on a beach while another person (who actually deserved it) actually worked to make that profit happen, and America did fight a war to outlaw slavery - i.e. one person working so another could do nothing income tax is slavery to the government, and if any tax should be abolished it's that one, but low capital gains is slavery to zombie corps because it entrenches their unfair advantage (big companies get bigger, see the index fund superbubble) and prevents new entrants with red tape (anti-capitalist) only crony capitalism (which is really corporatism) gives all sorts of incentives to people with shell companies and disincentivises the working class beneath the unicorns of silicon valley will fall eventually, based on debt alone, and propping up with tax advantages if people invest in those monopolies makes no sense under capitalism, since the partial bailout of government standards (which they hold citizens to with income tax) is socialism, literally socialism workers should be taking more of their earnings home than faceless corporations, so a CEO for example could still make a ton of cash if income tax were lowered and would more likely spend it in the economy, which seems to be what Biden wants (won't work for that)
3
@C M invest doesn't mean piling into an index fund and hoping for the best, most people cannot retire it's a mathematical impossibility, retirement is a ponzi where the working class (poor) must be larger than those living off the largesse, any way you calculate it. I once added up that 1/3 of my working life goes to support other people, including lazy boomers who worked for the government, just because of the ageism of when I was born, meanwhile a UK gov white paper said my generation will drop first aka never retire so wtf are we working for? It's slavery, forcing another person to work for us is wrong. Children were the original pension and if a person doesn't make that investment it isn't society's socialist/Marxist obligation to pay for their luxurious dotage. Index funds are now in a bubble due to one finance paper that only applies to boomers investing from the 70s to around 2010. Now p/e is so high it's about to burst. Generations were meant to be equally sized but boomers aborted half of gen x and screwed up the system.
2
@xraf32 varies by country, we should just make voting dependent on paying tax (one tax) and hold BOTH parents responsible for their children financially (like it's a crime to neglect a kid you made) rather than burdening the whole of society when I didn't consent to make the kid, personally, so why am I paying for it?
2
fancy seeing you here, this is really going after the boomer tech boom bubble money imho
1
@zonk1477 yep
1
under capitalism we should be rewarding workers more than piggy in the middles, so if any tax should be high it ought to be capital gains, but they should also lower income tax dramatically, to incentivise personal labour
1
because they want tech bubble dividend money, this is going after boomer pensions but they actually voted for it LOL
1
@b__w_4565 the secret of this policy is to go after boomer pensions - they want the tech bubble dividend money! but the boomers voted for it lmao, that's the poetic irony, just watch
1
@FrankZen as I just said, this is about going after boomer pensions, especially the tech bubble dividend money - think about the timing of when boomers are cashing in!
1
@nah bdy leave where? Mars? WEF keeps hinting at global wealth tax and the push of nations is toward supranationalism, not away! I dislike the trend but that's how it's going, there's more and more international cooperation as they call it. the trash parts of america are always predicted by non-white demographics, you don't get to blame the white voters, who mostly vote Republican, especially the women (see 2016 trump voters by race) and I call it the detroit effect. When white people run the show, it's low crime and low debt. Gibs aren't voted in by white people. like I said, this move is going after boomer pensions, and the boomers voted for it! They want the tech stock bubble money.
1
@john7787 yeah but if there were a war they'd be cowards dodging the draft, as we know, all the alpha stuff is a cope, they couldn't do a single year of service so pointing out the military need with a rearing china is useless because they're intellectually dishonest about the existential threat to the dollar - george gammon has been covering it, money gps too
1
@Mike Bartley then you did it wrong
1
@nah bdy they can't leave, they'd lose relevance, especially since places like china already have huge marxist debt, most asian countries inc singapore have vast national debt and they're suckering in white guys to rinse to pay it all, once the time comes
1
@747-pilot nope, most of it is fed money printer go brrrr if you look at their balance sheet
1
@xraf32 the left lies about who votes for them, when you look at past election voting data it's non-whites voting for them, most white women voted trump in 2016 and zoomers voted biden because they're the most 'diverse' generation ever.
1