Re:Why Markets Boomed in a Year of Human Misery
by vmception on Saturday January 02, 2021 @01:32PM
(#25615079)
but politicians play a game of semantics to accomplish nothing and appease their base
in tax contexts, "income" means about 3 different things, but to angry people it means one thing: "everything you earn that year"
the reality is that "income" is a subset of earning types, and the rich people anyone actually cares about do not earn much "income" and are therefore continually exempted from the populist fury
taxing high income earners just hurts the upper middle class and business owners
it is entertaining but disheartening to see so much energy put toward the same result over and over
in tax contexts, "income" means about 3 different things, but to angry people it means one thing: "everything you earn that year"
the reality is that "income" is a subset of earning types, and the rich people anyone actually cares about do not earn much "income" and are therefore continually exempted from the populist fury
taxing high income earners just hurts the upper middle class and business owners
it is entertaining but disheartening to see so much energy put toward the same result over and over