5 ms·
We have a system based around the notion that when a worker is given money or other value in exchange for work, part of their value increase needs to be transfe
by boublepop 5y ago
We have a system based around the notion that when a worker is given money or other value in exchange for work, part of their value increase needs to be transferred to the state. That is the same even if you get a car in compensation instead if a paycheck.
Why should the system be such that if you gain value without exchange of work, then suddenly you should not transfer anything to the state?
Yes that means that you might need to liquidate part of the asset to cover taxes on its value, just like paying a workers sallee by giving them a car might mean they need to sell it to cover taxes.
But it’s extremely odd to argue that there is some inherent “unfairness” in Musk or Buffet having to transfer part of their value increases to the state when we all agree every worker should do this.