Define off-shore accounts
I have bank accounts in four different countries, I'm a citizen of only one and a resident in none. (I pay tax as a non-resident so it's hardly a tax dodge or anything, it's just not worth liquidating the account for a few hundred bucks). I don't know how you easily determine who is and is not entitled to sustain a bank account in a country. Have to live there for six months? Yeah I'm sure changing their mailing address temporarily is gonna be really tough for a bazillionaire.
Seizing my assets ain't gonna buy much more than a few sandwiches, mind you.
When I say offshore accounts I am referring to accounts set up specifically for the purpose of transferring income out of the current country of residence to a tax haven. If you'd done a Jimmy Carr when you lived in the UK and had your pay sent to a bank account in Jersey so you only paid 1% income tax, then yeah, the British government should be able to tell you to fuck off. Having savings from somewhere you used to live isn't necessarily tax avoidance, like you say.
Having USD$17,000,000 in an account in the Cayman Islands when you've never been outside the borders of Poland is extremely suspect.
MrMonroepassed outon the floor nowRegistered Userregular
Some Modest™ Tax Proposals:
Create a new tax bracket on individuals earning more than $1 million annually at 40%.
Eliminate the distinction between capital gains and earned income, use the new revenue to reduce rates in the lower half of brackets.
The Estate Tax is dead, long live the Estate Tax: don't tax the estate, tax individual inheritors 100% after the first $5 million, with primary family residences and productive enterprises like farms or the assets of family businesses excluded.
Create a tax on the formation of family trusts with an excluded amount based on the number of beneficiaries.
WeaverWho are you?What do you want?Registered Userregular
The neighborhood in Seattle I just moved out of was nearly completely torn down and rebuilt to offer Amazon and Microsoft tech workers subsidized trendy rentals. The Amazon workers always come to my store with fistfuls of $500 preloaded Visa "debit" cards(it's a gift card with a PIN) to buy money orders towards rent, and for the Microsoft workers, instead of taking public transit across Lake Washington over to their main campuses in Redmond and Bellevue, they have MS Connector buses where everyone completely blocks off a public sidewalk waiting for their private bus along with private security monitoring the pickup locations.
It is Shadowrun up here.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
I would honestly maybe find peace with the idea of the mega rich existing if they paid just like, proportionately the same amount of fucking tax that I pay. Just do that, as a compromise, just try it. Just the same percentage of tax that I, some fucking schlub, pay. Please. It's not... you can't say this is unreasonable. This is a big concession on my part. Meet me like 95% of the way here.
So some kind of a flat tax
No, flat taxes are terrible. I'm saying that I would take a deal where they just pay the equivalent of a middle class tax percentage rather than paying far less. Warren Buffet pays less taxes, proportionately, than his secretary does.
Something that I don't often see reported on, because it isn't an easily-digestible variety of evil and seems pretty banal on the surface - I've had a couple of minimum wage jobs where you have to specially request direct deposit, and it can take a week or two to "process" the request. How do you get your money in the meantime? Well, you get a special debit card, that charges you any time you use it at a store, and where cash can only be withdrawn at like twelve specific ATMs in the entire Los Angeles area.
Oh, and switching over from the card to direct deposit has a delay of a week or two. And if you're living paycheck to paycheck? Well, ain't that about a bummer. Guess you better just stick with the card, yeah?
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RankenphilePassersby were amazedby the unusually large amounts of blood.Registered User, Moderatormod
In the meantime may in entice you with a payday loan for the low interest rate of 35%?
I saw the new consumer watchdog they hired dropped a bunch of lawsuits against payday loan business. Pretty fucking cool job they're doing at protecting consumers.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
Something that I don't often see reported on, because it isn't an easily-digestible variety of evil and seems pretty banal on the surface - I've had a couple of minimum wage jobs where you have to specially request direct deposit, and it can take a week or two to "process" the request. How do you get your money in the meantime? Well, you get a special debit card, that charges you any time you use it at a store, and where cash can only be withdrawn at like twelve specific ATMs in the entire Los Angeles area.
Oh, and switching over from the card to direct deposit has a delay of a week or two. And if you're living paycheck to paycheck? Well, ain't that about a bummer. Guess you better just stick with the card, yeah?
one of the only things I liked about working at a grocery store was that they gave me a paper check every single week, and you could cash it right there in the store at any register if you wanted to
Something that I don't often see reported on, because it isn't an easily-digestible variety of evil and seems pretty banal on the surface - I've had a couple of minimum wage jobs where you have to specially request direct deposit, and it can take a week or two to "process" the request. How do you get your money in the meantime? Well, you get a special debit card, that charges you any time you use it at a store, and where cash can only be withdrawn at like twelve specific ATMs in the entire Los Angeles area.
Oh, and switching over from the card to direct deposit has a delay of a week or two. And if you're living paycheck to paycheck? Well, ain't that about a bummer. Guess you better just stick with the card, yeah?
one of the only things I liked about working at a grocery store was that they gave me a paper check every single week, and you could cash it right there in the store at any register if you wanted to
I remember Walmart would do that too when I worked there.
But it cost a fee to cash a check.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
QFC didn't pull that bullshit and I very much doubt they could, because it's a union operation
QFC didn't pull that bullshit and I very much doubt they could, because it's a union operation
We're moving to direct deposit or preloaded card. QFC is making a huge anti-union push right now. We've never charged employees for cashing their paper checks, but the switch is on the way. Also, stores that are getting the new scan-pay-go stuff are removing my position as a union job and folding it over to a new corporate position that pays slightly more than more than the union journeyman rate while loading on a huge amount of additional responsibility. I am fighting this change.
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Shortytouching the meatIntergalactic Cool CourtRegistered Userregular
I'm pretty sure you don't need a flat tax, which thanks to the utility of money will just screw over the poor rather than, you know, get at the dragon-like hoard of wealth.
Especially if they can still get deductions in the mix.
So
Uh
Repeal the deductions that primarily benefit the uberwealthy, cut out the loopholes, etc. Leave the progressive tax structure in place because otherwise you're going to hurt the less well off in an attempt to finally claw back the wealth that's been hoarded.
Having a car for grocery shopping is more than being able to go whenever you need stuff. It's also having a trunk to buy more than you can carry all at once. Like sure, maybe you can take the bus (if public transit isn't ass), or maybe hitch a ride, but if you need to call a cab/uber/whatever, it's probably worth it to just use the Prime subscription that you might already have.
Also, it's easy (or at least easier) to pay for if the yearly renewal fee is about the same time you get your tax return. Well, assuming you get a tax return, I suppose. And also live in the US, because I don't know how taxes work in other countries.
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turtleantGunpla Dadis the best.Registered Userregular
Had a job that did paper checks default, had to sign up for direct deposit on a delay.
Problem was it was usually 10+ hour shifts with 1 1/2 hour commute, so I couldn't make it to the bank on a day I worked. and if you didn't work on payday you got your check a day late.
First check I got, I got it a day late on Saturday, and then couldn't actually get to the bank to deposit it till Tuesday.
Huh, didn’t realize my restaurant job was actually on the up and up, cause it’s just paper check or direct deposit, and the incentive for getting direct deposit is you get paid a day earlier with it, and we’re next door to a bank that starts your account with 200 bucks in it if management refers you over there
Create a new tax bracket on individuals earning more than $1 million annually at 40%.
Eliminate the distinction between capital gains and earned income, use the new revenue to reduce rates in the lower half of brackets.
The Estate Tax is dead, long live the Estate Tax: don't tax the estate, tax individual inheritors 100% after the first $5 million, with primary family residences and productive enterprises like farms or the assets of family businesses excluded.
Create a tax on the formation of family trusts with an excluded amount based on the number of beneficiaries.
that's a start
Alright which of the rich do we eat first to make this happen?
not a doctor, not a lawyer, examples I use may not be fully researched so don't take out of context plz, don't @ me
Having a car for grocery shopping is more than being able to go whenever you need stuff. It's also having a trunk to buy more than you can carry all at once. Like sure, maybe you can take the bus (if public transit isn't ass), or maybe hitch a ride, but if you need to call a cab/uber/whatever, it's probably worth it to just use the Prime subscription that you might already have.
Also, it's easy (or at least easier) to pay for if the yearly renewal fee is about the same time you get your tax return. Well, assuming you get a tax return, I suppose. And also live in the US, because I don't know how taxes work in other countries.
Being carless, prime can be a goddamn lifesaver. I can get away with buying a backpack worth of groceries every couple of days because I don't have kids etc but there's so much I either don't have access to because it's too far, or its too heavy to transport.
Trying to furnish an apartment in Germany without Amazon or a car was - well it made me fitter, at least. I knew exactly how much weight I could manhandle across a bus ride and two subway changes.
Create a new tax bracket on individuals earning more than $1 million annually at 40%.
Eliminate the distinction between capital gains and earned income, use the new revenue to reduce rates in the lower half of brackets.
The Estate Tax is dead, long live the Estate Tax: don't tax the estate, tax individual inheritors 100% after the first $5 million, with primary family residences and productive enterprises like farms or the assets of family businesses excluded.
Create a tax on the formation of family trusts with an excluded amount based on the number of beneficiaries.
that's a start
Alright which of the rich do we eat first to make this happen?
Our children, I guess. Which, sure alright I'll adopt Elon Musk if it means I can consume him and give his wealth to the people.
Flat taxes are fucking bullshit. What needs to happen is that taxes are directly tied to personal wealth, and the richer you are, the higher a percentage you have to pay.
Every millionaire and billionaire who complains that having to pay more taxes (percentage wise) than a janitor who makes $17k/annum isn't fair is automatically fed to hungry sharks.
Sure, but what do we do when we run out of hungry sharks?
Flat taxes are fucking bullshit. What needs to happen is that taxes are directly tied to personal wealth, and the richer you are, the higher a percentage you have to pay.
Every millionaire and billionaire who complains that having to pay more taxes (percentage wise) than a janitor who makes $17k/annum isn't fair is automatically fed to hungry sharks.
Sure, but what do we do when we run out of hungry sharks?
Hungry, Hungry Hippos?
not a doctor, not a lawyer, examples I use may not be fully researched so don't take out of context plz, don't @ me
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Lord_AsmodeusgoeticSobriquet:Here is your magical cryptic riddle-tumour: I AM A TIME MACHINERegistered Userregular
Flat taxes are fucking bullshit. What needs to happen is that taxes are directly tied to personal wealth, and the richer you are, the higher a percentage you have to pay.
Every millionaire and billionaire who complains that having to pay more taxes (percentage wise) than a janitor who makes $17k/annum isn't fair is automatically fed to hungry sharks.
Sure, but what do we do when we run out of hungry sharks?
Crocodiles and alligators make ample substitutes in that regard
Capital is only the fruit of labor, and could never have existed if Labor had not first existed. Labor is superior to capital, and deserves much the higher consideration. - Lincoln
I would honestly maybe find peace with the idea of the mega rich existing if they paid just like, proportionately the same amount of fucking tax that I pay. Just do that, as a compromise, just try it. Just the same percentage of tax that I, some fucking schlub, pay. Please. It's not... you can't say this is unreasonable. This is a big concession on my part. Meet me like 95% of the way here.
So some kind of a flat tax
No, flat taxes are terrible. I'm saying that I would take a deal where they just pay the equivalent of a middle class tax percentage rather than paying far less. Warren Buffet pays less taxes, proportionately, than his secretary does.
what you're describing sounds like a flat tax
It’s a piece of rhetoric designed to illustrate the absurdity of a situation where the ultra rich pay less tax than the middle class and is not an actual policy proposal.
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HacksawJ. Duggan Esq.Wrestler at LawRegistered Userregular
how long before Amazon's labor bullshit becomes standard practice, is my question
For however long it takes to completely kill trade unionism in America, thus removing the final obstacle in their path.
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HacksawJ. Duggan Esq.Wrestler at LawRegistered Userregular
Side post: America's unique and sprawling charity industrial complex was born from the minds of robber barons who controlled most of the wealth in the country and payed next to nothing in taxes. The privatized giving institutions they founded were created for the purposes of ameliorating what guilt they might've felt at hoarding wealth and placating the wretched masses who would have otherwise seen no public benefit gained from their masters' avarice. It is a folly system and should be replaced by aggressive and expansive government programs that both directly and indirectly redistribute the ill-gotten wealth of our hyper-capitalist autocracy.
I avoid Amazon whenever possible, so I didn't give too much thought to the boycott. Joke's on me, though: apparently an unrelated company I ordered from during the strike does fulfillment through Amazon. Yay.
Posts
seizing the meats of production, huh
When I say offshore accounts I am referring to accounts set up specifically for the purpose of transferring income out of the current country of residence to a tax haven. If you'd done a Jimmy Carr when you lived in the UK and had your pay sent to a bank account in Jersey so you only paid 1% income tax, then yeah, the British government should be able to tell you to fuck off. Having savings from somewhere you used to live isn't necessarily tax avoidance, like you say.
Having USD$17,000,000 in an account in the Cayman Islands when you've never been outside the borders of Poland is extremely suspect.
Super duper sincere.
that's a start
It is Shadowrun up here.
what you're describing sounds like a flat tax
Oh, and switching over from the card to direct deposit has a delay of a week or two. And if you're living paycheck to paycheck? Well, ain't that about a bummer. Guess you better just stick with the card, yeah?
one of the only things I liked about working at a grocery store was that they gave me a paper check every single week, and you could cash it right there in the store at any register if you wanted to
I remember Walmart would do that too when I worked there.
But it cost a fee to cash a check.
I was not surprised the day I found out that Walmart employees tend to be on a public assistance program of some kind.
We're moving to direct deposit or preloaded card. QFC is making a huge anti-union push right now. We've never charged employees for cashing their paper checks, but the switch is on the way. Also, stores that are getting the new scan-pay-go stuff are removing my position as a union job and folding it over to a new corporate position that pays slightly more than more than the union journeyman rate while loading on a huge amount of additional responsibility. I am fighting this change.
Twitch (I stream most days of the week)
Twitter (mean leftist discourse)
Especially if they can still get deductions in the mix.
So
Uh
Repeal the deductions that primarily benefit the uberwealthy, cut out the loopholes, etc. Leave the progressive tax structure in place because otherwise you're going to hurt the less well off in an attempt to finally claw back the wealth that's been hoarded.
Globally, it was record breaking. But the strike was in Spain.
Also, it's easy (or at least easier) to pay for if the yearly renewal fee is about the same time you get your tax return. Well, assuming you get a tax return, I suppose. And also live in the US, because I don't know how taxes work in other countries.
Problem was it was usually 10+ hour shifts with 1 1/2 hour commute, so I couldn't make it to the bank on a day I worked. and if you didn't work on payday you got your check a day late.
First check I got, I got it a day late on Saturday, and then couldn't actually get to the bank to deposit it till Tuesday.
Wasn't at that place very long.
Alright which of the rich do we eat first to make this happen?
Being carless, prime can be a goddamn lifesaver. I can get away with buying a backpack worth of groceries every couple of days because I don't have kids etc but there's so much I either don't have access to because it's too far, or its too heavy to transport.
Trying to furnish an apartment in Germany without Amazon or a car was - well it made me fitter, at least. I knew exactly how much weight I could manhandle across a bus ride and two subway changes.
Our children, I guess. Which, sure alright I'll adopt Elon Musk if it means I can consume him and give his wealth to the people.
Sure, but what do we do when we run out of hungry sharks?
Hungry, Hungry Hippos?
Crocodiles and alligators make ample substitutes in that regard
It’s a piece of rhetoric designed to illustrate the absurdity of a situation where the ultra rich pay less tax than the middle class and is not an actual policy proposal.
For however long it takes to completely kill trade unionism in America, thus removing the final obstacle in their path.
Short answer: I don't know.
Long answer: If we stay true, the revolution will never die.