Comment on What is the argument for making poor/working class folks shoulder the burden of taxes?
vk6flab@lemmy.radio 1 month ago
Mathematics and Politics.
There are many more people who are “working class” than rich. The argument is that of you take some money from a lot of people, you get more money than if you take a lot of money from some people.
There’s also the argument that if everyone pitches in, the overall burden for each individual is less.
What this fails to address is that the richer you are, the more you can play with your money and end up with nothing to tax. This is why the rich get richer and the rest of us don’t.
Running through all that is a thing called “trickle down economics” which claims that the money from the rich ends up in society, but recent reviews of this have proven this to be nonsense.
Finally, the rich can and do shape the narrative. Politicians are essentially elected by the rich through their manipulation of the story through their media empires and social media platforms.
ccunning@lemmy.world 1 month ago
That’s all dependent on how much you’re taking and from who which I addressed in my comment.
This only makes sense if you define “burden” with a fixed dollar amount. A $6k tax “burden” is going to be a much harder burden on someone who makes $40k than someone who makes $250k
This could be addressed by the wealth tax I mentioned.
In the end, I do believe it’s politics and the wealthy manipulating people’s perception.
They’ve got us focused on this bullshit culture war when what we need is a good old-fashioned class war.