Not to sound ageist, but I firmly believe voting privileges should be revoked when you retire.

That hasn't gone anywhere though although the media doesn't keep drumming about it as much I guess

A quick way of estimating annual wage for a full-time position is to take hourly, double it, then move the decimal point to the right by three spots.

So for example, the BC minimum wage is $17.40. Double that is $34.80. Annually in a full-time job, that’s about $34,800 before taxes.

And 4× that is $139,200. Current median SFH prices for used homes sit at just under $1M in my podunk tourist town. All detached SFH, $1,200,000. New construction, $1,500,000.

I mean, really - who under 50 can actually afford those prices without intergenerational wealth to give them a leg up in life?

It applies to income, not salaries, and it applies to corporate income as well as personal income. Nobody needs to pay it for it to achieve its purpose. Indeed, nobody should be paying it, ever.

You have a choice. I'll give you $900 for you to do anything you want with. Alternatively, I'll give you $10,000, but you can only spend it on something that you can convince me is something you need for your business.

You can buy $900 of GOOG, or you can spend $10,000 on a bunch of electronics. You can buy $900 of AAPL, or spend $10,000 "entertaining clients" at a strip club.

You can buy $900 worth of stocks, or purchase goods and services produced by workers.

Nobody is taking the $900 here. Everyone is taking the $10,000. Nobody is paying 91% on $10,000 over the line. You can get much more value from your large "business" spending than you can get from your small investment.

Now, if the numbers are $6300 on anything, or $10,000 on business, a lot of people are going to take the $6300. This is a top-tier of 37%.

$7500 on anything, or $10,000 on business, most people are going to take the $7500. This is a top-tier of 25%.

The 91% tax rate isn't for the government to spend more money. The 91% tax rate is to ensure the richest among us get greater value from hiring workers than they do from buying securities.

There was no oil crisis, no cold war, no economic crash in the 80s, no housing shortage in the 80s, no rampant crime!

The 70/80s where glorious!

/Sssss

If the roles switched we'd probably do the same.

My parents don't, well not completely. They know the world be screwed up, but they also think there's a degree of responsibility on my part too. We are all stuck in this shit show together, and old people thought they'd be dead long before it got really really bad, but Trump SA'd the money, and now we all get to suffer.

I'd keep friends and loved ones close.

Copypaste for you:

How Groups Voted in 1980

Notes: Survey by CBS News and the New York Times. Sample of 15,201 voters as they left voting booths on Election Day, November 4, 1980.  “Don’t know” and “other” responses not included.