These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m

  • CancerMancer@sh.itjust.works
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    1 year ago

    The upper-class does not rely on income the same way the middle and lower class do. Taxing income affects us much more than it does them, that’s why you institute a wealth tax to spread the burden.

    • solstice@lemmy.world
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      1 year ago

      You simply don’t understand. All income flows into wealth. All wealth is eventually becomes, one way or another, taxable income. You can defer it for a while but it’s literally all the same thing.

      You’re talking about legislating a massive clusterfuck, like you can’t even imagine how messy it would be, that pretty much nobody would comply with free of errors and omissions, all over a timing difference.

      Just please, I’m fucking begging you, stop talking about a wealth tax, especially when you don’t understand how tax works to begin with.