3 ms·
> The problem in Canada and other developed countries is excessive taxation of salaries. That's an orthogonal to wealth problem. I'd argue it's part of the sam
by triceratops 3mo ago
> The problem in Canada and other developed countries is excessive taxation of salaries. That's an orthogonal to wealth problem.
I'd argue it's part of the same problem. Salaries are excessively taxed in developed countries because wealth is so lightly taxed. People with wealth have outsize influence in law and policy. They can make all sorts of fancy arguments for why taxing wealth is bad. But money for government services has to come from somewhere.
So regular working stiffs end up screwed.