Comment on Gary Stevenson: 'Tax wealth or we'll return to the feudal age'
Koarnine@pawb.social 1 day agoYou have no idea, tax on income is nothing.
We should be taxing wealth, not work.
And I was referring to UK times richest list vs top taxpayers list. We tax income, so workers, we don’t tax the wealthy who never earnt their money in the first place.
GoatSynagogue@lemmy.world 1 day ago
No, you shouldn’t be taxing wealth for all the reasons I’ve listed many times.
Koarnine@pawb.social 7 hours ago
We should absolutely be taxing wealth, if we don’t the economy will continue to become more and more in the hands of fewer and fewer.
Wealth should be taxed, if you can take loans out against the value of your stocks, then that should be taxed.
The only other workable solution is to make those types of loans illegal, then taxes on realised gains can actually be utilised.
If not, we should absolutely be taxing wealth, otherwise the wealthiest will continue to not pay their fair share.
GoatSynagogue@lemmy.world 7 hours ago
“Not pay their fair share” when they each literally pay more than the bottom like 50% combined is an odd thing to say.
Koarnine@pawb.social 6 hours ago
No its not, thats mostly untrue, if they paid their fair share they wouldnt have such obscene wealth. Thats the only way to accumulate suh wealth, fraud.