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by keernan 162 days ago
>>The government gets a percentage of your income, this is the agreement that everyone makes.

Forgive me if I do not accept the proposition that the non-wealthy had equal influence in the decision how to fund the government. The wealthy decided 'wages earned' would be the determining factor to fund the government, not wealth. I guess I would have done the same if I had so much wealth I didn't need to earn a wage.

However it is accomplished, all citizens should share the same impact on their lives ( wealth being the best approximation I can think of ) in contributing to the annual cost of funding the government.

Put another way: it is immoral for the wealthiest and most powerful in society to shift the burden of paying for government away from themselves and onto the rest of society.

1 comments

Historically it was fine because dividends were significant and counted as income.

Unfortunately everyone realized the stock market is a shell game where there is no price limit and capital gains doesn't kick in until you sell and even then at a reduced rate...