Hacker News new | ask | show | jobs
by toomuchtodo 324 days ago
> I'm sure that as more companies lay off, the tax base to support that safety net will not improve.

Tax billionaires more? It’s where the wealth is.

2 comments

How much will that do? You could tax their wealth (not even their income) at 100% and you would pay for a year of government shortfalls (in the US). I feel like at some level things really are just expensive to a degree society cannot afford. But maybe I’m missing something basic here?
Tax revenue not profit maybe. I got this feeling there is so much waste in corporations.
Or tax the companies? And maybe a digital services tax on products like Jira etc.
The companies are where the billionaires get their fortune, so sure.