Lowest “Who is hiring?” Post Count in 30 Months

Re:Lowest “Who is hiring?” Post Count in 30 Months by battery_glasses on Tuesday October 04, 2022 @05:04PM (#33086864)

I wouldn't say its the only way we know, rather its the only politically feasible move. Increasing taxes on the wealthy would arguably be a more effective way to take money out of the economy and wouldn't hurt non-wealthy people as bad, but good luck getting that through congress.

The only party that can act right now is the Fed, and the only move the Fed has in increasing interest rates.

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Re:Lowest “Who is hiring?” Post Count in 30 Months by speakfreely on Tuesday October 04, 2022 @10:35PM (#33090398)

The problem is that there's no proven good way to increase taxes on the wealthy. There's two flawed approaches: (1) increase income taxes, which doesn't tax the people who control the majority of the country's wealth, and (2) wealth taxes, which no country has ever figured out how to implement effectively.

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Re:Lowest “Who is hiring?” Post Count in 30 Months by disgruntledphd2 on Wednesday October 05, 2022 @08:32AM (#33094602)

Property taxes are the only successful way we have of taxing wealth.

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