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by globalreset
1182 days ago
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That's why the plan includes sending a check / refund to every person, to offset the "tax free income amount", IIRC. Also - rich people don't really pay income and capital taxes because they have ways to avoid them altogether. (All these "charity funds" they make are just tax avoidance schemes). Sales tax instead of income tax would be a huge time saver, and effectively work exactly like an income tax, without all the waste. "Taxing the rich" could be achieved via other means if desired. Some wealth tax (let's say over 100M of net worth, .5%/year or something like that). |
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