this post was submitted on 04 Jun 2024
573 points (98.0% liked)

News

23259 readers
3279 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] andyburke@fedia.io 131 points 5 months ago (5 children)

The moment enough of us decide this has to change, it will.

Relink productivity and wages! 90% tax rate on all the cash you earn in a year after the first $10M Close corporate tax loopholes

We can solve this, we just need to decide.

Maybe a general strike is out and we should just start a quiet friday strike, and just start extending that back through the week. Productivity just keeps falling until the wealthy decide they don't want to suffer with the rest of us and take the fucking haircut.

[–] SpaceNoodle@lemmy.world 58 points 5 months ago* (last edited 5 months ago) (3 children)

After the first $1MM. Ten million dollars in a single year would set me, and likely just about anyone else, up comfortably for life twice over.

[–] Lost_My_Mind@lemmy.world 64 points 5 months ago (4 children)

Don't tie it to a number.

Imagine if they did this back in the 60s, but using numbers.

"1 million??? Thats way too high! If I made 1 million in a year my grandkids could retire from that year. Better make it $100,000. 90% tax after $100,000."

Today because of inflation I would say someone making $100,000 a year is comfortable in luxery, but still earning their pay.

Tie it to a percentage of the curve of what average americans make, and I think you deflate most of inflation. Because if their price for a good is $3.00, and it costs $1.25 worth of wages to make, they could raise that $3 to $5, and only give the workers $0.25 raise, which means now that item costs $1.50 to make, but sells for $5 instead of $3. This rewards ceo's to raise prices disproportionally. Tie it to the curve, and if he raises the price to $5, now he has to pay workers $3.25. Suddenly it's not the ceos getting rewarded for doing that. Suddenly random price hikes to please shareholders are GONE. Which means if you can't stay profitable in a fair market, you cease to exist. You can't just pull a short term band-aid fix to pop a stock price, and ignore consequences. Because now those consequences actually kill your company.

What we would be left with are CEOs who actually RUN their company, rather than just load the numbers. We'd have better products, better wages, and a better life.

But if we tie it to a number, our grandkids will be right back to where we are.

[–] andyburke@fedia.io 12 points 5 months ago

I like the cut of your jib.

[–] SpaceNoodle@lemmy.world 8 points 5 months ago (1 children)

Annual CoL adjustments. Done.

[–] intensely_human@lemm.ee 1 points 5 months ago

Judge fudge the CoL numbers. Easy.

[–] Rubisco@slrpnk.net 6 points 5 months ago

You haven't lost your mind at all. It is squarely atop your shoulders.

[–] Asafum@feddit.nl 5 points 5 months ago

Fucking exactly!!

If I wasn't bald I'd have been pulling my hair out of my head when I was seeing all this "fight for fifteen" when trying to argue for a minimum wage increase.

Ok we got that now, something like 10 years later so what is $15/hr now? It's a joke...

[–] Zorsith@lemmy.blahaj.zone 12 points 5 months ago (2 children)

Take your current yearly salary, multiply it by however many years you expect to live after retirement + let's say... 10% on top for inflation, + another 10 for medical expenses. Is that number above, or below, $10M? Retirement is fucking expensive and only going up in cost.

[–] SpaceNoodle@lemmy.world 14 points 5 months ago

I've modeled it a bit more precisely considering actual expenditures as well as social security income, projected inflation and investment returns, etc. $5MM in my pocket right now should set me up just fine.

[–] EvacuateSoul@lemmy.world 2 points 5 months ago* (last edited 5 months ago) (1 children)

You keeping it in a mattress or what?

[–] Zorsith@lemmy.blahaj.zone 2 points 5 months ago

Hahahaha

Oh wait you think I actually have money? Let me laugh harder

[–] WalnutLum@lemmy.ml 7 points 5 months ago

Typically revolutions only occur when a significant number of elites defect from the current regime.

Large numbers of dissatisfied people need a Schelling Point to rally around and coordinate effectively.

Best bet for revolution right now seems to be for more elite colleges to start withholding degrees over this Israeli thing.

[–] HubertManne@kbin.social 6 points 5 months ago (1 children)

50% would be fine but it should apply to all income including investments, gifts, etc. maybe let inheritance be amoritized over 10 years or something.

[–] Hegar@kbin.social 14 points 5 months ago (1 children)

100% death tax on all assets over $1m excluding a single house. That my final offer.

There's no justification for a birth lottery that awards democracy-warping levels of wealth to whoever had the evilest parents.

[–] Blackrook7@lemmy.world 5 points 5 months ago

I like this idea but it should be something like 5 to 40 million. Somewhere in there.

[–] explodicle@sh.itjust.works 2 points 5 months ago (1 children)

What unlinked productivity and wages in the first place?

[–] andyburke@fedia.io 3 points 5 months ago (1 children)

If you answer this, you'll probably win a prestigious prize in economics.

[–] explodicle@sh.itjust.works 2 points 5 months ago

No I won't.

"It is difficult to get a man to understand something, when his salary depends on his not understanding it."

— Upton Sinclair

www.wtfhappenedin1971.com

[–] Lost_My_Mind@lemmy.world 1 points 5 months ago (2 children)

Alright. You make good points. I agree with you. However there is a problem. Alex jones is a nutjob with no redeeming qualities. He has a base, and called on his base to blockade his house to prevent law officials from repossesing his house, his infowars platform, and anything else worth any monetary currency. Notice, I didn't say "value" because let's face it. It's alex jones. What value could there possibly be with him.

Trump did the same thing with J6. Gets his base in a frenzy to do his dirty work, and uses them to attempt a coup. I fully believe the vast majority actually there on J6 didn't even know thats what it was. They didn't know where were attempting a coup. But they were fully prepared to follow daddy oranges commands.

My point is, yes we CAN take this country back from the rich. But we will have to fight a second civil war to do so. This civil war won't be about racism. It will be 100% a class war. And the rich will 100% throw every brainwashed moron they can find into the front lines to die to protect their wealth.

So if we want to take the country back, we're going to need to fight. Quite frankly, I'm looking forward to it. Either I die and stop suffering in poverty, or I get a better life. When you push the public down to the point that they have nothing to lose, don't be surprised when death doesn't scare them.

[–] andyburke@fedia.io 12 points 5 months ago (1 children)

If you're a Russian trying to fuck with us, fuck off.

Assuming you're a legit US citizen: try talking to your fucking neighbors before you start to talk about shooting.

Everyone on the Internet seems like they're arguing with strawmen.

Violence only in response to violence. We want to solve this without bloodshed. Only those who wish our country harm wish for a civil war.

[–] aniki@lemm.ee 5 points 5 months ago (3 children)

All rights are won through violence

[–] captainlezbian@lemmy.world 6 points 5 months ago

All rights are won through diversity of tactics. Some of the most effective campaigns for gay rights came from our moms just talking to people about what it was like to have gay kids. Add that to violently forcing the state to stop being so brutal in their oppression of us and years-decades of working with and within the medical and legal establishments to hamper homophobia in those realms.

You get similar shit elsewhere. Eco-terrorism has had less explicit gains than environmental lawyers, but without the militants the assailants to our planet just do it mid lawsuit and pay the fine later. The black American civil rights movement had pacifists and militants.

Force alone doesn’t create a movement, just a war if you’re lucky enough to get the people to support you.

[–] red@sopuli.xyz 2 points 5 months ago

This rhetoric makes me sad.

History is filled to the brim with rights won NOT through violence. What you say is objectively wrong, though it caters to anyone suspectible to populism.