ThePanoptic
ThePanoptic t1_iv9tvin wrote
Reply to comment by [deleted] in [OC] JP Morgan is the largest US bank - visualizing how does it make money by giteam
I understand that corporate rate are calculated differently but the bottom line is that 19% of their profits are lost to tax, while an individual making $41,776 - 89,075, will lose 22% of that bracket income to tax. Corporations should at least have a higher bracket at the top, especially when tens of billions are the profit margins.
ThePanoptic t1_iv9tq7y wrote
Reply to comment by 75_mph in [OC] JP Morgan is the largest US bank - visualizing how does it make money by giteam
current tax code:
22% on income between $41,776 and $89,075 which is the lower-middle class in most states.
24% for upper-middle class between $89,076 and $170,050
I understand that it’s a progressive tax rate and only dollars above this range are taxed at this rate, but it’s still criminal that corporations are keeping records profits at lower than the rate for an average individuals tax bracket.
Families might get deductions/rebates, but this is the standard for individuals within this tax bracket. Lower than a multibillion dollar corporation.
ThePanoptic t1_iv98m9k wrote
19% tax rate? That's lower than most middle-lower class families...
Why are our tax laws backward?
ThePanoptic t1_iuljlhp wrote
Reply to comment by cheapcardsandpacks in This data is not beautiful: Iranian regime's recent murders [OC] by imnitwit
it seems pretty alright for 180 other countries, and it has been going really well for the U.S. over the past 300 years.
Maybe live around the woods or something where there is no need to have an intermediate to govern society.
Where there is government, there is tyranny sometimes; where there is no government, there is no functioning society all the time.
ThePanoptic t1_ise73a1 wrote
Reply to comment by but_nobodys_home in Police Killings per Capita v Homicide Rate per Capita for Select OECD Countries [OC] by dr5c
Europe is divided into countries that are not very diverse. At the same time, the U.S. is not divided and has very integrated societies.
The U.S. is only nearly 65% white, trending lower, and has a high percentage of African Americans, Hispanics, Asians, and Middle Easterns.
No European country has the U.S. demographics or is even close to it. While European countries have different cultures, no individual country has as much cultural diversity as the U.S.
Europe is split into very small homogenous countries. The U.S. is a very big integrated society, with much more tension because different individuals will have different values and everyone will be more likely to resort to violence, especially when guns are very easy to access in most states.
ThePanoptic t1_is9875d wrote
Reply to Police Killings per Capita v Homicide Rate per Capita for Select OECD Countries [OC] by dr5c
A couple of differences between the US and much of Europe:
- U.S. citizens have open access to guns, which most Europeans do not.
- Europe is largely homogeneous, while the U.S. is very ethnically and culturally diverse.
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You can certainly argue that we need to restrict guns. It is true.
However, the U.S. prides itself on individuals in society being widely different, and different individuals will always disagree and have different values, which on the national scale often leads to more escalations than societies that are wholly homogeneous.
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This is only part of the story obviously, but I believe this to be the largest difference between why countries that are similar in most metrics, such as England and the U.S. could have widely different stats on some issues.
ThePanoptic t1_is9786f wrote
Reply to comment by NewChallenger13 in Police Killings per Capita v Homicide Rate per Capita for Select OECD Countries [OC] by dr5c
no, police killings are per 10m and homicide rates are per 100k
meaning that homicides are 100 times higher than police killings.
ThePanoptic t1_j9slksh wrote
Reply to comment by SaggyFrontButt2 in [OC] National Divorce by the Numbers (Politics, Demographics, GDP) by tabthough
AOC is one of hundreds of representatives, she can not do it alone, but her voting record shows that she will vote for these issues every time.
All we can expect of our representatives is to vote in our favor and she does.
Saying “she hasn’t done anything” make you sound as dumb as a rock.
“Why hasn’t the one representing out of 435 fix our healthcare system” it’s because there are inbred republicans on the other side of the isle.