Re:Zuckerberg claims regret on caving to White House pressur...
by yadaeno on Wednesday August 28, 2024 @10:35AM
(#41379991)
The government will spend the money regardless. Does the money come from
1. inflation - a regressive tax that disproportionately takes from the poor
2. taxation as a % of wealth - takes from everyone equally
The fact is the rich pay a WAY lower tax rate, we can spend the next 1000 years playing legal cat and mouse over how to tax these people but it doesn’t get us closer to option 2 unless the government gets aggressive about collecting tax.
1. inflation - a regressive tax that disproportionately takes from the poor
2. taxation as a % of wealth - takes from everyone equally
The fact is the rich pay a WAY lower tax rate, we can spend the next 1000 years playing legal cat and mouse over how to tax these people but it doesn’t get us closer to option 2 unless the government gets aggressive about collecting tax.