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I think that a good definition of "the rich" might be: People who make money based on what they own rather than on the labor that they perform.
by harimau777 3y ago
I think that a good definition of "the rich" might be: People who make money based on what they own rather than on the labor that they perform.
- secondcoming 3y agoThe problem with that is not all labour is the same. Should a weathly farmer be taxed less than a hairdresser? It’s a more physically demanding and dangerous job.
- harimau777 3y agoNeither of them would meet that definition of "the rich" since they are both income gained through labor. Therefore, neither of them would have their taxes raised by a policy of "taxing the rich".
- secondcoming 3y agoRight, but why do they both incur the same tax rate even though the labour required to do each job is vastly different?