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by peanut_merchant
1143 days ago
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Now reframe the above, normalising as a portion of wealth. Tax analysed in absolute dollar terms is misleading. What should be analysed is the tax's effect on a person's quality of life. A person with a million dollar income paying 50% tax still has 500k to burn.
A person paying 30% at 50k a year has 35k left. That 30% means a lot more at the lower end, even though the dollar amount pales in comparison. |
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I don't follow this framing. You are saying we should look at taxes as "how much money does the government allow someone to have"?
This seems to assume a government has a right to take an arbitrary amount of money from its citizens. Do you believe this?