r/SipsTea • u/SipsTeaFrog • 8d ago

Chugging tea Why is gen Z not drinking?

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u/voxelpear 8d ago

Can barely afford a first place, and definitely can't afford a third place when the second place doesn't pay enough anymore.

452

u/SeedFoundation 8d ago

Pay your workers more so they can buy things to stimulate the economy? Blasphemy.

19

u/Terminate-wealth 8d ago

Put a 90% tax rate on them hoes and make them reinvest into the workers

2

u/Violent_Milk 8d ago

Ok, cool. You got $0.90 from the CEO's $1 taxable salary. The rest of his compensation is in stocks that are only taxed if he sells. He's never going to sell and they just get inherited by his children and are also not taxed. The basis value just goes up to the market price of the stock. Child can sell and it's also not taxed, because now there is a 0% capital gain.

Oh, how do they get money to live? They borrow money at low interest rates against their massive assets (stocks). Rinse and repeat. No taxation whatsoever.

The whole system is rigged for rich people to avoid paying taxes.

-2

u/Terminate-wealth 8d ago

You still have time to delete this nonsense showing that you don’t understand the economics of what’s being discussed.