Comment on Bill to raise minimum wage to $25 an hour will be introduced in Senate

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AA5B@lemmy.world ⁨1⁩ ⁨week⁩ ago

I’ve always wondered if the answer is doing away with “income tax” entirely (it’s a racket anyway) and having a much higher “sales tax” on everything.

Counterexample is Elon musk. He’s the biggest example of wealth inequity, yet he’s not ostentatious. His sales tax would be small

The real answer is treating other forms of wealth and income the same as we do salary income. Why do they get to call some of their income as “not income” and pay less. If we have to pay a property tax on the assessed value of our house even when we haven’t”realized” any gains, why are they not paying any tax on stock or company’s, their “property”

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