Comment on The existence of billionaires is a policy failure
fonix232@fedia.io 1 day ago
These assholes get taxed 1-2% on their total wealth increases per year - and even that gets offset with their loopholes - meanwhile the average people pay anywhere between 30-50% of just their income (and that doesn't account for other taxes like VAT, property, vehicle and road taxes, and so on).
Soup@lemmy.world 1 day ago
And not only that, but if you taxed them at 99% they’d still have silly amounts of money and ungodly financial security while even 20% off a poor person being paid by a less rich local business is just hurting the both of them. Taxes are a good thing but like you say they are horrendously unbalanced.