Burn it all down

Stamford, CT, Us

You’re in a thread started by nihilists.

Hamilton, AL, Us

Ok, then they draw like they pay... Based on their best three years. Can't wait to see those numbers..

owcangraceRegular
Morganton, NC, Us

why cap it at all? The cap allows high earners to pay a lower percentage of their total income into the system compared to working-class people.

Hamilton, AL, Us

I'll meet you halfway. Raise the social security cap to $250K.

owcangraceRegular
Morganton, NC, Us

Actually the top 10% pay more than that. Based on recent IRS data (2021–2022, published 2025)

Top 1% (Incomes >$663,164): Paid 40%–45% of total income tax, with an average effective tax rate of 26.1%.
Top 10% (Incomes >$178,611): Paid 72%–76% of all income taxes.
Top 50% (Incomes >$50,339): Paid 97%–98% of all income taxes.
Bottom 50% (Incomes <$50,339): Paid 2%–3% of all income taxes.

Here is why the system is broke and the truly wealthy are not paying as they did in the past. They use various financial strategies to own whole companies and real estate holdings. They don't seel it very much and when they do it's small as a % of their net worth. They only pay taxes on any of those capital gains or a smallest, compared to their net worth, income. It is called income tax for a reason So the truly wealthy get wealthier and wealthier and pay next to no taxes against their net worth. Remember they off shore it to avoid taxes etc. So them and their businesses benefit from all the things state and Federal income taxes pay for, roads and infrastructure, and they do not pay based on their wealth OR use of the same. Why you see that as punishment is weird to me. They that benefit the most from our capitalist, mixed-economy society should pay the most. Elon Musk is a prime example. he paid $455 million in federal income taxes on $1.52 billion of income between 2014 and 2018, with zero federal income tax in 2018. That is an effective tax rate below 1%. That doesn't include the fact all his net worth increases. Elon Musk’s net worth has experienced a meteoric rise, growing from $24.6 billion in March 2020 to an estimated $830 billion by March 2026, driven primarily by surges in Tesla stock and SpaceX valuation. That is an over $800 billion increase and zero taxes paid out of it. So he pays a lower % of taxes than the poorest that pay taxes, yields billions of $ in benefits from our nations infrastructure etc that he effectively is not contributing to in an meaningful manner.

Hamilton, AL, Us

Oh yeah, that's true.. funny but true..

Birmingham, AL, Us

Waffle House Disaster Index is used by FEMA.

Hamilton, AL, Us

Waffle House is an institution.

Birmingham, AL, Us

Dreamland is the superior BBQ Sauce...ribs are top notch....but Demetries and Saw's are pretty damn good too.

Barber's Ice Cream > Ben and Jerry's

O'Carr's Chicken Salad from Homewood, Chicken Salad Chick from Auburn, Zaxby's is a blatant rip off of Guthries from AL....

....Checker's/Rally's burgers from Mobile, even though they are no more....Elrod's Hamburgers (who I secretly believe was ripped off by Checkers)....

And then there is Waffle House....while not Alabama in origin, I refuse to ever move to another state that does not have at least one Waffle House near by.

Stamford, CT, Us

They have very small facilities, few staff and pull from the surrounding area.

Those children go to the Country Day schools

Student to teacher ratio is 1:10-12.

They don’t need public schools. When you’re sending your kid to Choate for 65,000 a year and then you get a “credit” from theis administration for a thousand?
You don’t need some government fucking voucher. That 1,000 is pulled from public education funding. You’re just getting your own money and paying for someone making 500,000+ a year.

It’s infuriating.

Birmingham, AL, Us

Hmmmmm....fair point.....

Hamilton, AL, Us

Damnit man, I'm trying to get us 75 electoral votes.

Hamilton, AL, Us

True story, FEMA tracks Waffle House closures and incorporates that into their scale of how bad a natural disaster is.

Birmingham, AL, Us

Hell, you can even tell how bad a storm or disaster is by whether or not Waffle House is open or, if they close, how fast they re-open.

Birmingham, AL, Us

SHHHHHHH!!!!

Dammit, dude!! Don't even MENTION Jack's around Yankees!!!

The last thing I want is some Northerner or jagoff from the Left Coast trying to replicate Jack's or worse, try to buy it!!

Hamilton, AL, Us

Bro.... You missed the most important one.... The most Alabama thing... The thing we almost never export... Jacks...

Birmingham, AL, Us

Jeepers....you're totally right!!!

I guess no business worth a lick would wanna come down south with all us hillbillies.....

....yanno....except for:

Remington

Tesla

Oracle

Chevron

X (Twitter)

Charles Schwab

SpaceX

Realtor dot com

FICO

In-N-Out Burger

Pharmaceutical giant McKesson

Global real estate company CBRE

Playboy

Global consultancy firm AECOM

....and a couple hundred other corporations that have move their headquarters from Blue states....

....but what do I know with muh Alabama edumahcation....

8o)

Irondequoit, NY, Us

“Those residents don’t need to pay into the same services such as public education and emergency assistance. They send their children to private school and have their own security.”

So if you send your child to private school in those areas you pay lower property tax? There is no municipal law enforcement or fire service?

Irondequoit, NY, Us

“Perhaps if they are planning on remaining in the area? Taxes would increase but I don’t know if other areas pay the same type of property tax.”

Your property value can increase without your taxes increasing. We just went through a county wide reassessment. My old house had an increase of about 75k. My tax bill remained the same. The county lowed their tax rate.

That means my investment increased. That’s not a bad thing. Matter of fact. It’s a very good thing. No?

Hamilton, AL, Us

To explain it again. When your existing home value increases, so does your taxes & insurance. I don't plan to sell & my sim will inherit my place. Yes, there is an increase in potential profit, but unrealized profits with increased taxes and insurance is not helpful..

Stamford, CT, Us

Perhaps if they are planning on remaining in the area? Taxes would increase but I don’t know if other areas pay the same type of property tax.

It’s nearly 16,000 in city tax every year where I live. Then there is state and federal to be paid.

If you own an estate in New Canaan, Greenwich or Darien it’s far less, despite the fact that those properties are several million to start.

Those residents don’t need to pay into the same services such as public education and emergency assistance. They send their children to private school and have their own security.

This is what maga always fails to grasp. They are subsidizing the wealthy.

Stamford, CT, Us

Again, you view everything through a personal lens. You always choose a narrow and personal view based on one small area.

Why are you incapable of understanding the larger picture? I couldn’t possibly locate a place for 365,000 here unless I moved 50 miles north and THAT would be a tiny market.

It also bears pointing out that the politicians you adore, are behind the largest property grabs. They divert you with claims that it’s “illegal immigrants” and you accept it, as if it isn’t a lie. Now it’s “yankees?”

Where is it that you believe it’s inexpensive for the local population to buy?

Irondequoit, NY, Us

“Paying full asking price for a decent little place down here ($150-200K) in contrast to a local buying it for $100-$150 raises home values in the area, driving up home costs & property taxes. Great for sellers, bad for buyers & existing home owners.”

Can anyone explain how the increased value of a home is BAD for the existing home owner?

Hamilton, AL, Us

I know that a friggin Yankee bought the Powell place last fall. I know he paid asking price. I know he paid $365,000 for a barn-dominium & 36 acres. I know it will drive up housing costs. I know he will vote Democrat. I know he's retired and brings nothing to the community. I know it will drive up home prices, taxes and insurance.

Stamford, CT, Us

Up here it’s private equity buying in the suburbs.
In the rural farming areas it’s organizations like AcreTrader.

Your hostility is pointed in the wrong direction.