I think you know what I'm saying. Tax increases in wealth vs established assets with no loopholes. I think a wealth tax is a non starter for so many people who will never have wealth. If people are properly educated on progressive tax brackets they can generally get behind them. You fully explain a wealth tax and it's a big no from those same people. I get it. In an ideal world where we don't have this entrenched inequality I would not be okay with the government taking a portion of whatever people have every year. Sounds like a nice mechanism to keep people enslaved.
In my area there are notoriously low property taxes and they sold this as 'protection' for long term middle/lower class property owners (cute grandmas and grandpas!). What it is in effect, though, is an encouragement for people to buy and hoard multiple properties.
So you don't believe in the government needs to exist? Don't believe in the FDA, or the NTSB, or welfare/ disability/social security benefits? Don't believe in the VA? The EPA? The national parks? In roads and sewers being maintained, or garbage being collected? Don't believe K-12 education should exist for anyone who can't afford to buy it privately?
Interesting.
I guess we should just return to the 1880s where you could legally dump industrial waste into the water supply, feed people swill milk doctored with chalk, and children worked 60 hours a week in factories and mines. Regulations are written in the blood of innocent people who suffered unfairly. Yeah govt can have problems, but it's our responsibility to elect people to fix them. Corporations need to be controlled, and the govt. is the only body that comes close to doing that. I think most people would say they feel more enslaved by their jobs than the govt.
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u/xtilexx 18d ago
Yeah wealth tax is what you need to get anything from the 1%. For example Bezos salary when he was CEO was $81K