3 ms·

I don't think so. Taxes exist in order for the government to reserve some of the wealth of society so it can direct resources at communal aims such as defence,

I don't think so. Taxes exist in order for the government to reserve some of the wealth of society so it can direct resources at communal aims such as defence, welfare, science, justice, etc. Higher taxes on higher earners are there because of pragmatism and a sense of fairness: higher earners have more disposable income to be taxed on. These kind of statements always confuse me: does anyone think anyone is motivated in this way? Do people think Buffett and Soros are sitting down in a room with Trump and Biden plotting how to keep the club of "truly wealthy" exclusive?

Gibbon1 4y ago
When the republicans passed their 2017 tax bill they very carefully made sure that corps like mine didn't get any benefit. So yeah they totally do.
bjornsing 4y ago
In Sweden the top tier income tax was officially named “the protection tax” (“värnskatt”). It’s openly stated purpose was to protect society from earned wealth. At the same time we have some of the wealthiest people in the world here, real oligarch style.