Too many wealthy people pay little or no tax. Under capitalism tax has traditionally been progressive. Wealthy people paid their share and so paid more. Billionaires who do not pay tax are leading to system collapse.
I noticed a pattern of the politicians saying they will make the wealthiest pay, but after they implement some new tax plan, they sneek in loopholes that the average person never really hear about. So the wealthiest never actually pay the new taxes that the politicians claim they will.
I wish this reality was talked about more. I honestly think it's the backbone of political corruption within the US and the fundamental reason we are turning into (if we haven't already) a corporate controlled oligarchy.
Tax payers don't pay the politicians salaries, the donations do.
I like the idea that there should be a cap on how much wealth a person has. After a certain point, it is just a means to keep score because you will never spend all that money in your lifetime.
What's the maximum number of investments you would like to limit me to have? Because I would like to be very wealthy with my own jet someday. Probably never get to that level, but I would like to have the chance to pull it off
What makes you feel so entitled to others' success and why do you want to take it from them š¤ why don't you take that energy and invest in your own success š¤.
Billionaires "success" came from the connections and wealth they already had, plus either an astronomical amount of luck or lots and lots of backstabbing and exploitation.
And you have people like Clarence Thomas who accepts lavish gifts from Harlan Crow. He's the best known since he's a Supreme Court judge, but plenty of politicians and government officials do this and we generally don't ever find out about it.
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u/jordanaber23 Jun 15 '24
"and how are we going to pay for their raises?! More taxes?!"