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Some of the people sweating are tax lawyers doing their best to structure income and hide assets. They will only increase in value if a wealth tax is passed.
by readthenotes1 3y ago
Some of the people sweating are tax lawyers doing their best to structure income and hide assets.
They will only increase in value if a wealth tax is passed.
Heck, if you have the PM if Iceland hiding stuff in Panama, what will happen when they get serious??
- jauntywundrkind 3y agoThe tax lawyers are <0.0001% of the rich persons cost structure. You're maybe not wrong that the accountants & tax people could become more valuable at helping wealthy dodge the intended laws & avoiding the clear intent. But that, to me, doesn't mean the effort should be given up on. The wealthy are at war against having any tax burden, and yes, this game will iterate, the ultra wealthy will continue to try to avoid having any tax burden on them, with whatever ridiculous farce they can cook up. But that does not, to me, mean giving up. That does not, to me, mean fatalism that they will forever avoid being socially contributive. The premise that they will forever find better people to help them cheat is a dastardly seditious & low nihilism, that excuses us from ever trying, premises around them always forever being able to get the upper hand and contribute nothing. We should have a premise better than forever losing to the uktrarich when we consider how society ought be structured, how it ought function. We should try to govern & make sensible structures. If the structures aren't working, we should alter our structures to make the ultra wealthy have some tax burden.