Late Stage Capitalism

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A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.

A zero-tolerance policy for bigotry of any kind. Failure to respect this will result in a ban.

RULES:

1 Understand the left starts at anti-capitalism.

2 No Trolling

3 No capitalist apologia, anti-socialism, or liberalism, liberalism is in direct conflict with the left. Support for capitalism or for the parties or ideologies that uphold it are not welcome or tolerated.

4 No imperialism, conservatism, reactionism or Zionism, lessor evil rhetoric. Dismissing 3rd party votes or 'wasted votes on 3rd party' is lessor evil rhetoric.

5 No bigotry, no racism, sexism, antisemitism, homophobia, transphobia, ableism, or any type of prejudice.

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founded 8 months ago

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Taxes (feddit.org)

submitted 2 days ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 2 days ago

100% agree. I blame entitled billionaires kids for just about all our problems and would love to see a 100% estate tax on any amount over say 10 million.

I'm Australian, living in Australia, but spent 10 years living in the US and have an American wife, and I'm constantly shocked by how little Americans accept for their taxes.

Here, I pay 2.5% of my income so that everyone can get health care when they need it. Not only am I fine with that, but I'd happily pay twice that if they throw in dental as well. But we also give billions in tax breaks to foreign mining companies to come and dig up our minerals and ship them overseas so that my kids and I get nothing from them.

I'm not anti tax, I'm more than happy to pay for healthcare, education, food, housing and more so that everyone has a decent standard of living. But I despise putting a single dollar in the pocket of anyone who is already independently wealthy.