Flight risk: can we take the carbon out of air travel?

Re:Flight risk: can we take the carbon out of air travel? by esotericn on Monday September 02, 2019 @07:55PM (#20862602)

Right, so you want it to be _more_ progressive, rather than the current imperfect state.

It's broken in the UK as well. Capital gains taxes are tiny as compared to income. :P

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Re:Flight risk: can we take the carbon out of air travel? by lacampbell on Monday September 02, 2019 @08:01PM (#20862640)

If it were up to me we'd derive all our tax from things that actually effect the commons: land usage, water usage, pollution, waste.

Taxing income or capital gains in the first place was a mistake.

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Re:Flight risk: can we take the carbon out of air travel? by eanzenberg on Monday September 02, 2019 @11:40PM (#20863554)

Unfortunately the reality is this leads to a regressive tax structure, as history has shown. Intelligent people can accumulate wealth many orders of magnitude faster than the “unwashed masses.”

I’m actually surprised by this since I assumed 99% of people are ok with progressive taxation. I believe the real argument lies in how progressive it is, as the extreme limit leads to the wealthy paying 99% of the taxes. I think currently the 1% pay 50% of the taxes in the US so the sliding scale it more towards progressivism anyways. You could argue how much more you can squeeze vs. the repercussions of such.

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