2 ms·
I was under the impressions that the "tax the rich" mentality actually aims to close these loopholes for the super-rich. The idea is (I think) that increasing t
by poorlyknit 4y ago
I was under the impressions that the "tax the rich" mentality actually aims to close these loopholes for the super-rich. The idea is (I think) that increasing taxes on the literal top 1% or 0.1% just a little is much more effective than increasing them across the board.
- soco 4y agoWhat we the little folk mean for "tax the rich" is indeed "tax the mega rich". What gets implemented for "tax the rich" is a different story, because lobby can more than often sway implementations.
- hansel_der 4y agoi mean the low hanging fruit of "close these loopholes" would be reinstatement of a progressive income tax.