3 ms·
The government should be taxing higher the profits of the big companies and the top earners and reinvesting the money in governance of them. I think if you are
by ath3nd 3y ago
The government should be taxing higher the profits of the big companies and the top earners and reinvesting the money in governance of them.
I think if you are above 500k yearly income, the taxation rate should be something around 80-90% on every cent above that threshold.
- chii 3y agoin other words, the proposed is a policy for which other people (whom you view as having more wealth) gets taxed for a benefit for which you will gain.
- ath3nd 3y agoIn my country I am taxed 52%, and I don't mind that. I clearly see the money going into public infrastructure, roads, public transport, social housing, greening the cities, etc. If I am unable to work due to illness, I will benefit from 80% of my salary for many years, and after that, 70%. You should give more to the system proportionately to how wealthy you are. People with 10 mansions and a fleet of cars and a private jet while there are homeless on the streets, that is an abberation. The current system is failing because when people get beyond a certain amount of wealth, their wealth can increase exponentially, while they are not taxed exponentially. It's a finite planet, after all. Infinite wealth growth of a few while many can barely afford rent is like cancer and should be taxed to oblivion. If I was earning more, I would not mind sharing an ever increasing percentage of that in terms of taxes. I don't need 20 houses and 20 cars, and my own rocket, no individual person needs that. People like that should not be allowed to exist by the government.