this post was submitted on 09 Jul 2023
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I think taxes should be mostly wealth based, not income based.
You want to know why?
Because it's easy for some rich bastard to report zero income while having billions in assets.
Someone who already can't make end's meet would feel the sting of any amount of taxation in day-to-day life compared to a billionaire.
Wealth hoarding should be severely taxed. You want more land than humanly acceptable? Six houses at 10,000sq+ each? 15 cars? A tennis court and equestrian ranch for friends and family? Fine, get ready to pay a lot for it on an ongoing basis.