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Re:Tax Evasion at the Top of the Income Distribution: Theory... by seattle_spring on Tuesday May 18, 2021 @12:12PM (#27196734)
Or, more realistically, we will all agree that billionaires are easily able to shelter their income from taxes, and then for some reason vote in huge tax increases that only affect the middle and upper-middle class.
Re:Tax Evasion at the Top of the Income Distribution: Theory... by pasquinelli on Tuesday May 18, 2021 @12:22PM (#27196941)
there aren't enough billionaires to vote in anything. if they have that kind of power, it's a power that trumps the democratic institutions of this country.
Re:Tax Evasion at the Top of the Income Distribution: Theory... by rcMgD2BwE72F on Tuesday May 18, 2021 @12:37PM (#27197219)
They simply buy media for propaganda.
Re:Tax Evasion at the Top of the Income Distribution: Theory... by WalterBright on Tuesday May 18, 2021 @12:55PM (#27197542)
Buying media for propaganda doesn't seem to be working very well. Washington state just passed a 7% income tax on all capital gains over $250,000. That's hardly limited to the super rich.