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What politicians do is just narrowly target a proposed tax to apply to a small group of people that they can paint in an unsympathetic light. So rephrasing the
by malandrew 7y ago
What politicians do is just narrowly target a proposed tax to apply to a small group of people that they can paint in an unsympathetic light.
So rephrasing the question, "what exactly stops a city from enacting a 100 year retroactive income tax on those in the 1%?"
Those with the most to lose are the least likely to burn down city hall.
- imgabe 7y ago"what exactly stops a city from enacting a 100 year retroactive income tax on those in the 1%?" They will have no funds for their re-election campaign. In an extreme case they may die of a mysterious stroke or have an affair suddenly made public.
- malandrew 7y agoWhat if they just pass the tax retroactively on those that are the 1% that moved out of the city and are no longer involved in funding the politics? The idea that something can be passed retroactively in any form is insane.
- mikeash 7y agoWhat stops a city from enacting a non-retroactive tax of equivalent value?
- jedberg 7y agoNot getting Re-elected. But if you tax dead people who don’t live there anymore that’s not a concern.