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by mianos
18 days ago
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It's not me. I actually work for a living and I receive a salary.
Many people I know with their own business plan to hopefully get out of it some day. They all make less than me but own a business of their own. Let's say this works and those people who already have assets get taxed a bit more, when they are gone, there would then now very little incentive to work hard and start a business. Such short term thinking will pretty much destroy the economy in the long term. You can't tax an economy to health and fairness. |
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This isn't short term thinking. It's the opposite.
Allowing the super wealthy, whom are the actual ones that benefit from capital gains, accumulate untold wealth is clearly resulting it a multitude of societal ills (including the dismantling of democracy itself here in the US).
Looking at even a little bit of recent history will clearly show you what happens when we let the super wealthy just get more wealthy (have a look at the Gilded Age).
The propaganda around taxation causing economic slowdown is so tired...