2 ms·
My POV: Even with extraordinarily high taxes at the higher tiers of the brackets, is that not enough for the rich to live quite well? IFF funding government (fo
by lfowles 11y ago
My POV: Even with extraordinarily high taxes at the higher tiers of the brackets, is that not enough for the rich to live quite well? IFF funding government (for example, if an effective basic income program was in place) was better than everyone doing their own thing, then I see no big loss from flattening the take-home income curve. If they want to live extravagantly, income tax isn't going to be a big hurdle, which is why I mentioned capital gains as well.