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If you keep squeezing the middle income class, that’s the direction you’re going: poverty. Regardless of the existence of Manufacturing. Tax your rich fairly
by hello_moto 2y ago
If you keep squeezing the middle income class, that’s the direction you’re going: poverty.
Regardless of the existence of Manufacturing.
Tax your rich fairly and you will see major shift.
- wolframhempel 2y agoI'm curious - in 2021, the top 1% earned 26% of all income in the united states. What % of total contribution to the country's federal income tax would you consider fair?
- hello_moto 2y agoWealth tax. Capital gain tax. Not income tax. Do the top 1% income tax include those people whose wealth increase because of their assets? Something to ponder… We shouldn’t tax productive workforce more (in fact, we should tax less). We should tax unproductive assets more and redistribute.
- hello_moto 2y agohttps://www.independent.co.uk/news/world/americas/us-politics/irs-doge-cuts-tax-filing-b2719911.html https://www.independent.co.uk/news/world/americas/us-politic... Worked for multinational companies and the typical chatters are: - US based employees get taxed less on RSU maturity but have to figure out how much they owe the Government afterwards. - Meanwhile, EU and Canada based employees are all paying top rate tax and get refunded afterwards. Interesting that US is the only outlier