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jimfields33

(16,466 posts)

4. 15 million would mean that Amazon would stop at 15 million in profit as

Reply to DTRV (Original post)

Fri Jun 25, 2021, 03:25 PM

Jun 2021

would every other business. Only way to stop that would be to split up personal and business taxes. I have a business and my personal taxes are added to the business taxes in one tax form. I have always thought they should be separated but that’s not how it’s done. Until then, caps can’t be done.

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25 replies

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Sam Seder: We Should Ban Billionaires! (Is He Right!) [View all] DTRV Jun 2021 OP

It's obscene that some people are so rich while others have to sleep in the street liberal_mama Jun 2021 #1

+1 zuul Jun 2021 #2

Sorry... orwell Jun 2021 #3

I'll have to remember that the next time a person who is Asian in appearance is attacked on mahatmakanejeeves Jun 2021 #24

15 million would mean that Amazon would stop at 15 million in profit as jimfields33 Jun 2021 #4

You're right - it's complicated. harumph Jun 2021 #7

While we're at it DFW Jun 2021 #5

DFW, I'm inclined to agree for reasons of common sense - but that said, harumph Jun 2021 #10

I looked at your post DFW Jun 2021 #12

Outstanding Response (nt) ProfessorGAC Jun 2021 #17

Ok then. To sum up harumph Jun 2021 #18

First of all DFW Jun 2021 #22

Virtually nobody becomes a billionnaire by themselves these days. meadowlander Jun 2021 #21

I have no problem with Billionaires so long as there's a thriving and growing Middle Class Yavin4 Jun 2021 #6

What do you think? Hekate Jun 2021 #8

We can't afford billionaires. I_UndergroundPanther Jun 2021 #9

This reminds me of Bernie former9thward Jun 2021 #11

Tax them like Kennedy did. 70% Firestorm49 Jun 2021 #13

Progressive tax rates, strong social safety nets, and comfortable living wages work well enough. hunter Jun 2021 #14

Uh huh... brooklynite Jun 2021 #15

We could pass a law rewarding competent, honest businesspeople who become billionaires. gulliver Jun 2021 #16

Populists need lots and lots of villainous enemies out to get them. betsuni Jun 2021 #19

Making it about the person falls into the trap of the rags-to-riches plucky entrepreneur myth. meadowlander Jun 2021 #20

IMHO, you've given the best response on this issue nuxvomica Jun 2021 #23

No. NT mahatmakanejeeves Jun 2021 #25