A 90% effective marginal “tax” rate

Exactly. Because the tax rate on speculation is lower than the taxes on money earned through work.

Is there any actual economic data on this? Or is this a political talking point? Marginal tax rates are at historic lows. There’s precious little to suggest that these marginal tax rates are enough to dissuade people from earning more. It damned sure doesn’t make me want to stay in my tax bracket. Nor does this take…

I think people who make this argument are not worried about getting into a higher tax bracket, they are concerned about getting into a higher education bracket and losing their simple talking points.

“ can drive people into higher tax brackets”

There are many complicated things about the tax code, but the fact that regular people don’t understand marginal tax rates is a combination of stats not being a normal high school subject (because of course we all use Algebra II on a daily basis, don’t you know) and certain candidates being intentionally misleading…

A tax code shouldn’t be based entirely on the lowest common denominator, because a completely unnuanced flat-rate either takes too much hair off lower incomes or treats higher incomes as if they’re helplessly living on as fragile margins as the poor. Your first 9k is precious no matter who you are, and the 100k you…

It will eventually affect the atmosphere. So yes it is on a global scale.

Yeah, accelerated global warming is just peanuts.

it’s not peanuts you jackass - it’s a very substantial increase relative to just about any scale - take what’s happened so far and multiply by 3 b/c they’re not closing in until March

Oh, please. Give me a break.

I think the subtext is that this situation would be less likely to obtain if it wasn’t a bunch of black guys getting stiffed. “White folks getting rich off the under-compensated labor of black folks” has a familiar ring in US history, does it not?

His point is that people would care more about the obvious abuse by the system, if those being screwed looked more like the average fan or those making decisions. It’s not really that complicated.

There are all kinds of justifications for why they are not being paid but there is only one reason - greed.

And that is exactly how unfair systems are allowed to continue. Someone has to be willing to make the sacrifice for the greater good. Where would the world be if Martin Luther King Jr. said, “You know what being arrested is too hard ... it’s a lot easier to just keep quiet?”

Just change Europe to USA and Muslims to Irish and you could easily imagine this comment is from 1840.

I hope she just literally peed on him because he’s the worst.

At Sefolosha’s trial, the five officers testified that he had charged them. Sefolosha’s lawyers were able to find video that, when coupled with with TMZ’s, proved that testimony to be false.