Dimon's proposal of a negative income tax follows the growing popularity of
guaranteeing a minimum standard of living for every American, which Musk said the country"obviously needed."on the wealthiest Americans, to reduce inequality. Dimon didn't mention tax policy in his letter but insisted JPMorgan should and does pay its"fair share" in taxes, noting they've paid $43 billion in US federal, state, and local taxes in the last 10 years.to lift up lower-income neighborhoods" and that additional income would go right back into the economy.
These government policies would help business, he said, as"shareholder value can be built only if you maintain a healthy and vibrant company, which means doing a good job of taking care of your customers, employees and communities — in other words,"We require a 21st century government," Dimon said, but these ideas of his and other CEOs have their roots in a century earlier.
Bull. Pay attention to their behavior, not what they say. They want to hoard money. Period. End of story.
I 💯 % agree on this Topic We have to by all means .
Just who was on Epstein’s list, someone may wonder.
😂
A simple fix would be bring the capital gains tax to what it was at its high. Maybe make stock buybacks illegal again? I think corporate America has had enough welfare. 'Incentives' . Give me a break. Will be interesting to hear his deposition in the Epstein case.
I wouldn’t trust. The government to do either considering the government is currently the biggest obstacle to equality and the American dream.
🤣
“Such as” not “like”. Hire an editor.
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