3 ms·
Income is usually relative to the person’s location. It’s not very useful to compare my situation to that of a person in the global south. Income correlates clo
by yunohn 5y ago
Income is usually relative to the person’s location. It’s not very useful to compare my situation to that of a person in the global south. Income correlates closely to cost of living.
I fully appreciate that I make more money than “a lot of the world”. But I don’t think it’s wrong to ask that corporations and high-net-worth individuals, also pay their fair share and not just leave the burden to people like me.
- tluyben2 5y agoThat is more the issue, well for me anyway; taxes are fine and the height is not really relevant but I do not want to be holding the bag here. If someone who earns a billion pays 5% why would I pay 40%? That is my only real complaint about taxes and I hear this from wealthy people: why would they if their friends do not? It is tax, not charity: except yes it is a lot of charity but it is anonymous so you cannot get charity kudos. So those who can avoid and you have a problem. Not sure how big the problem is in money, but I think many people would have a better feeling about forking over 40% if they knew the billionair around the corner is paying 60.