Re:Mitchellh starts a new company: Superlogical
by catlikesshrimp on Wednesday July 29, 2026 @01:18PM
(#49100315)
I may be going astray, but I can see a way to degenerate "taxes paid" to "taxes before deductions" to "income since it relates to taxes anyways"
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Re:Mitchellh starts a new company: Superlogical
by p-o on Wednesday July 29, 2026 @01:36PM
(#49100548)
It doesn't have to be that complicated. Just absolute terms could have the desired effect.
- 1% tax of 10 million = 100k
- 20% tax of 100k = 20k
Hence, the rich pays more tax.
Re:Mitchellh starts a new company: Superlogical
by catlikesshrimp on Wednesday July 29, 2026 @03:02PM
(#49101591)
https://en.wikipedia.org/wiki/Tax_returns_of_Donald_Trump
"Trump paid no net federal income taxes in 11 of 18 years of the past two decades. After the refund, Trump had an average tax bill of $1.4 million per year over the 18 years.[52][176] In 2016, Trump paid only $750 in federal income tax, and in 2017, he paid another $750 in federal income tax."
If there was an unequal vote, I am pretty sure rich people would want votes as heavy as possible.