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To clarify, firefighters and such pay a higher rate of income tax relative to the uber-wealthy because most uber-wealthy don't have income. They have capital ga
by chiefalchemist 5y ago
To clarify, firefighters and such pay a higher rate of income tax relative to the uber-wealthy because most uber-wealthy don't have income. They have capital gains, etc. That being said, just about the entire system is tilted in favor of the elites. They win for more than they lose. It's the inverse for the Team Firefighter.
Point being, another swipe of the pen isn't going to level the playing field. Especially when the uber-wealthy have the means (i.e., lawyers, accountants, etc.) to find the loop holes in any new law.