> No, they imstead promulgate ideas such as wealth ceilings: anything you earn over 100 million is taxed 100%. There can be no billionaires.
I'm sorry... who is saying this? This isn't a serious policy promoted by anyone that I'm aware of.
https://en.m.wikipedia.org/wiki/Maximum_wage
The history section is particularly interesting especially the recent history. I hear this talk all the time on social media.
> Bezos currently pays less tax than I do, and he should at least pay that much, right?
I don’t know your earnings, but let’s assume it’s under $1M annually. I do not believe you pay more in gross taxes than Jeff Bezos. If you paid more, you would likely have $0.00 remaining. What is your source for how much tax he pays? It is likely in the millions.
When Buffet for instance says he pays less in taxes than his secretary he means a a percentage of his total earnings.
Why? There just too few people in that echelon for higher taxes to make a dent.
So one might think these pushers of more social aid might realize, "ok we have to raise taxes on the middle class to get the funds we need... and introduce a national sales tax (VAT) that everyone, even the poor, must pay."
Do they say that? Do they come to that conclusion?
No, they imstead promulgate ideas such as wealth ceilings: anything you earn over 100 million is taxed 100%. There can be no billionaires.