4 ms·
In general the rich pay most taxes: https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes https://www.heritage.org/taxes/commentary/1-c
by Justin_K 3y ago
In general the rich pay most taxes: https://www.heritage.org/taxes/commentary/1-chart-how-much-the-rich-pay-taxes https://www.heritage.org/taxes/commentary/1-chart-how-much-t...
Rich people pay more property taxes.
Rich people pay own companies, which pay corporate taxes.
LA just enacted a wealth tax on 5m+ real estate.
My point is how many times have we been sold the concept of "if we just bond or tax X, we can solve problem Y". These always turn out to be Big dreams where billions get spent and nothing really gets better.
Look at the CA high speed rail diaster.
Look at this one... The government sold a bond for homeless housing and raided the money for another project. https://calmatters.org/california-divide/2021/03/california-affordable-housing-bonds-disappear/ https://calmatters.org/california-divide/2021/03/california-...
We don't have revenue problems, we have spending problems.