5 ms·
colluding: to act together secretly or illegally in order to deceive or cheat someone. And please: capital flight being the results of abusive policy? Corporat
by axlee 5y ago
colluding: to act together secretly or illegally in order to deceive or cheat someone.
And please: capital flight being the results of abusive policy? Corporations and wealthy individuals will always try to avoid giving the fair share to the society that enabled their wealth in the first place: the case where wealth moves because of abusive policies is so marginal in the ocean of pure greed. Some countries are fiscal parasites and benefit from the theft of other societies, and this is how we deal with parasites. Should we just watch wealth evaporate away to offshore stashes, wealth that actually belongs to the people?
- dane-pgp 5y ago> wealthy individuals will always try to avoid giving the fair share to the society Given that the median US household pays about $10k in taxes per year, and has a net worth of about $120k, perhaps we also need a global minimum wealth tax of say 8% per year, with a tax free allowance on the first $100m of net worth.
- robertlagrant 5y agoThe fair share is defined by tax law. It's not some additional amount.
- dantheman 5y agoNotice how fair share is never actually stated... How much of your time should you be forced to devote to others - the majority of government spending is on social programs. 1 day a week, 2 days a week? What's the fair share? I'd say it's actually far lower than current tax rates.
- djbebs 5y agoRich people are the only ones paying anything at all. If that's not paying their fair share, how are the 50% of people who don't pay any income taxes at all paying their fair share?
- axlee 5y agoPoor people pay a lot more taxes overall in relation to their wealth and income than the extra-rich. We have a regressive tax system.
- refurb 5y agoHow do you pay more when the rate is 0% for the bottom 40%?
- 8note 5y agoThere are taxes other than income taxes
- refurb 5y agoEnough to offset the EITC? Most low income folks pay a negative tax rate.
- medvezhenok 5y agoI would consider also consider basic rent & food as sort of a "survival tax" if you will, and count it into the equation. The only useful number is not % tax difference between rich & poor, but % leftover for discretionary spending.
- refurb 5y agoYou might consider those taxes but nobody else does.