2 ms·
Just a note: you _have_ to "tax the rich". Nobody else has enough money to pay the bills! The question isn't whether to "tax the rich" or not - it's "How shoul
by giardini 10y ago
Just a note: you _have_ to "tax the rich". Nobody else has enough money to pay the bills!
The question isn't whether to "tax the rich" or not - it's "How should we tax the rich" and How much should we tax the rich?" that we need to answer.
Meanwhile the correct answers are:
- Bring back heavy estate ("death") taxes to prevent wealth from being passed from generation to generation,
- Create heavy wealth taxes so that persons who are merely lucky don't monopolize the wealth.
Both the above should be done b/c goverment needs the money. Of course the other thing we need to decide is how much should the government spend, but that seems to have no limit these days.
- maxxxxx 10y agoI don't think you necessarily have to tax the rich. Their share of income should be reduced to the share they had maybe 40 years ago. Stronger unions would help for example. Having the owner class deciding they need more and more money can't work in the long run.
- hiram112 10y agoI don't know if it's true or not, but I've heard the claim that even pushing up tax rates to Eisenhower-era levels (without deductions) would still not solve the problem fully. Instead, we simply have a demographics issue: Too many older folks with unpayable entitlements and not enough younger workers to pay for the bill.