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by cjbgkagh 1268 days ago
My prediction is that politics will change out of necessity due to insufficient tax revenues and an increased wealth inequality will popularize tax harmonization. Rich people having more money will be of little comfort to the masses of working poor.
1 comments

tax the rich always becomes raise income taxes on the upper middle class

which is palatable because the masses of working poor only relate to taxes on transactions categorized as income instead of everything else that rich people actually use

Don’t disagree, it’ll probably backfire, but political expedience means they’ll still try it. Plus I include the middle class in the working poor, once the middle class are no longer able to sufficiently save for retirement I consider them poor. Most middle class don’t know how poor they are yet and when they find out they’re going to be mad.