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Taxation is one of the biggest issues of the western economic model. At what point do national debts reach a level that requires 90% taxation? I am surprised th
by yrgulation 4y ago
Taxation is one of the biggest issues of the western economic model. At what point do national debts reach a level that requires 90% taxation? I am surprised that people dont see how anti capitalistic overtaxing the middle class is. Money no longer flows freely, it clogs at the top and gets squeezed from the middle.
- feet 4y agoAnticapitalistic? It's the most capitalistic. Capitalist governments are generally captured by capital owners such as in the US. Why would capital owners tax themselves? They want money! Middle class/working class are not capital owners, even I'd they have an investment account that makes them feel like it
- yrgulation 4y agoClogging capital in the hands of a few, with the help of government, is not capitalism. It's an oligarchy. Capitalism means capital should move around, yet it doesn't. It's stuck due to unnatural barriers. A bit like someone else said, corporate socialism.
- feet 4y agoThe idealistic capitalism you speak of has never existed, not even in the US which has supposedly been the shining beacon for capitalism. It's a false idea spread to keep people believing that they can "make it" and that no other system could possibly work better. It's an idea spread by think tanks owned by guess who. Capital owners. Consolidation of capital and property in the hands of a few is the natural state of capitalism, it's been a slight improvement over the consolidation of feudalism.