Michael Burry wants you to pay more tax, not him

Discussion in 'Political Opinions & Beliefs' started by Quadhole, Oct 13, 2021.

  1. Quadhole

    Quadhole Well-Known Member

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    https://www.zerohedge.com/political/michael-burry-drops-redpills-epic-twitter-rant

    Read this article, then read the comments below. It will show you just how many Eastern Europeans, and Russian are PAID too support the tax the people, not the rich Mantra. Why ? Because they want to see America crumble. It makes them 120x more powerful when our people are mad and poor.
    It is absurd that the same Argument is used by the Super Rich to pay even less tax. The "we already pay most of the tax" routine. People should be smarter and understand that if they get yet another cut, they still pay most of the tax as you will suffer in pay wages even more because the rich get richer off of the leverage.

    We had a great system in place from the 40s - 80s and it kept all people equal, or close too it, make too much money ? Pay more in tax that can be redistributed among the poor. It is the same argument that Art Laffer used in mid 80s to create the mess we are in today and yet, gullible people fall for it over and over again. Michael Burry is only trying to Protect his billions FROM YOU...

    He should pay 80% or more. He will still have millions, maybe even billions, yet, he pays 30% on 1 BIllion and you pay 30% on 100K.. That leaves him with 700M and you with 70k. You can NEVER EVER catch him, and he will continue to grow the difference between you both.
    The mega billionaire and media pundits on Wallstreet, and 5 major news outlets pay millions to keep this OBTUSE Fantasy propaganda alive and well, it turns up ever time a tax increase comes up. Most of the Billionaires only keep residence here, they now make so much money they have 20 homes, 500 cars, and 3 yachts. And still, they pay most of the tax.

    What will it be when you make 10k a year and they make 10B a year ? Who pays most of the tax then ? They still will and will argue they should get another cut ! It only gets worse each year. If they were correct this would have changed 20 years ago.
     

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