5 ms·
This is about fair taxation, not government spending. If you want to propose a method by which we could reduce government spending, that would be very welcome!
by skyyler 2y ago
This is about fair taxation, not government spending.
If you want to propose a method by which we could reduce government spending, that would be very welcome! But we are currently discussing (from the article):
>an annual levy of 2 per cent of the wealth of the world’s roughly 3,000 dollar billionaires
and we are discussing it because (also from the article):
>the wealth of the very richest had grown by 7-8 per cent annually in recent decades — on top of inflation — compared to the 2-3 per cent growth rate of average wealth.
There is a widespread belief that the wealthiest people in the world pay less than their "fair" share of taxes compared to working class people. Whether you believe this or not, bringing up government spending feels like changing the topic...
- Gys 2y ago> This is about fair taxation Sorry, I mention that more or less at the start of my comment. I made the relation to government spending because I often read references that higher taxes for the 'super rich' can relief the taxes for the 'not so super rich'.
- skyyler 2y agoYou wrote "Taxing the super-rich might be admirable from a jealousy point of view." which is a rather uncharitable way to describe a desire for the wealthy to pay their fair share of taxes.
- asadotzler 2y agoThat's not at all what you wrote, and you know it. You called people jealous and now you're trying to belly crawl away from that claim.
- balderdash 2y agoAt what level of taxation, either relative or nominal, would a generic billionaire be paying their “fair share”?
- skyyler 2y agoI don’t have to have an answer to this to be concerned at the widespread tax evasion schemes that billionaires are engaged in. Panama Papers baybeeee
- balderdash 2y agoThanks for making my point.
- skyyler 2y agoI'm not allowed to be concerned without having precise answers to some internet bozo's question? You must feel very intelligent.