Re:France to tax flights from its airports, airline shares fall
by sgregnt on Tuesday July 09, 2019 @12:04PM
(#20393183)
They also account for a disproportional share of taxes. For example in Israel the richest 20% percent pay 80% of taxes (If I remember correctly)
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Re:France to tax flights from its airports, airline shares fall
by robjan on Tuesday July 09, 2019 @12:06PM
(#20393220)
But they don't get rich without the labour of the other 80%.
Re:France to tax flights from its airports, airline shares fall
by sgregnt on Tuesday July 09, 2019 @12:07PM
(#20393245)
They get rich because they provide value for the people. The more value they prove the richer they get.
Re:France to tax flights from its airports, airline shares fall
by malaxii on Tuesday July 09, 2019 @12:51PM
(#20393836)
Hah, no. They get rich, because the more wealth you have, the easier it is to increase it. Why? Because this is how the rich and powerful have set up the rules of the game.
Personal wealth does not correlate with any sort of "value" you have personally created.
Re:France to tax flights from its airports, airline shares fall
by nybble41 on Tuesday July 09, 2019 @03:42PM
(#20395770)
> They get rich, because the more wealth you have, the easier it is to increase it.
The more wealth you have the easier it is to provide value to other people. That's known as capital investment, and it's how wealth begets more wealth.
Or they could just spend all that wealth they've saved on themselves. People inclined to do that generally don't become wealthy in the first place, however, barring abnormal circumstances such as winning the lottery. A habit of frivolous, conspicuous consumption is a good way to ensure that you don't stay wealthy for long.