Work Reform

Florida just ended PROPERTY taxes, so now the rich don't have to pay state income taxes OR property taxes on their big estates.

So how do we pay for police, fire department, education, roads, etc.? They didn't bother to discuss that at all, they just passed it.

So INTELLIGENT rich people understand that Florida is about to be a state full of uneducated people, poor police presence, crumbling infrastructure, and worse. It won't be long before desperate people realize where all the money is, and know that police response will be slow.

Better to move to a city on the rise, like NYC, and live where the Police Commissioner is a billionaire nepo-baby, who sees her primary job as protecting the wealthy.

It was always a transparent bluff, there's no way they would actually go live in the third-world shithole states their pet politicians have created

Of course the rich are getting richer and richer. It's quite a challenge not to grow richer once you're already rich. You'd have to make several consecutive really bad decisions to achieve that.

The problem for them is that taxing the rich helps the poor, and slightly narrows the gap between the two classes. This is precisely what they cannot stand.

It doesn't matter how much money the rich have, or how much more they will make in the next 12 months. What matters is how much more than you they have, because that's what dictates their elite status in society.

All billionaires would happily lose all their billions, as long as it meant the poor lost even more. Because that would result in them being relatively richer, and so more powerful in a capitalist society.

This is also why they will oppose a shorter work week till their last breath. Sure, it'd benefit them, but it'd benefit regular people more, and so the elites would become less elite as a result. This is the only thing that really matters to them.

Two damn percent?

They have 25 million+ and they're whining about $50,000?

Fuck em! Do you know how much my life would change if I had an extra $50,000, let alone $25 million?

Not only that, but they also want to live in functioning cities with normal, nice people.

Which is considerably easier to achieve IF THEY PY THEIR FUCKING TAXES

Sorry to be that guy, but the headline in the photo says “Millionaire” with an M. That’s not necessarily uber wealthy, especially in New York. Most NYC millionaires are working class, depending on whether you lump centimillionaires in that category.

It's also shown when people have enough, crime goes down, quality of life goes up, artificial scarcity anxiety goes down. Hmm, so then the for-profit prisons won't be full and workers will have more bandwidth to question why they don't get more of the pie, like people in other wealthy countries do, more stable and wouldn't ever accept the downgrade to system usa.

Where are they going to go, fucking Nebraska?

I mean, with inflation as it stands, you'd expect the rate of increase in the number of millionaires to be growing nationwide.

Sort of the joke with inflation. On a long enough timeline, everyone becomes a millionaire.

It's almost like the rich themselves aren't the drivers of the economy but instead it's the financial infrastructure and the actual producers and they're dependent on that. Funny idea.

It's almost like taxing the rich works, by injecting funds for services that benefits everybody!

They should add another 2% every year until they do leave, or are taxed out of existence.

Not surprising. Leaches do much better when there is an abundance of blood in the host body.

Of course not.

Imagine feasting at an all-you-can-eat buffet with all variations of food from all over the world, and then the waiter informs you that you can have as much of everything as you like for free, except that you're not allowed to eat the last slice of cucumber if there's only one left.

Would you leave?

Hahaha where's "but the rich will leave" crowd now?

Without the actual article, it's difficult to say what they mean by millionaire class, but a millionaire is not ultra rich. That's a middle class person who is doing well. So if by "millionaire class" they mean even people who have less than let's say five million dollars, then the data will include a lot of working middle class people. Especially in places like NYC where housing prices can be sky high.

Damn I honestly wish it made them leave. Theres a strategy in there that ends with a sort of forced Atlas Shrugged situation, except they dont have magic electricity to keep the lights on.

Dammit, how are we gonna run them off now?! Lol

This says more about inflation than wealth flight.