“Let’s not play the game of five whys because the fifth why is always ‘capitalism.’” ~Stuart Langridge
Under capitalism it would be laughably easy to circumvent, and even in premise it is flawed because it would only target the small number of top CEO’s.
The truly rich does not even recive wages.
So then tax all capital gains as income. I don’t get why capital gains get taxed less than income. If anything they should be taxed more.
Goooooood luuuuck with that under the dicatorship of capital.
I don’t get why capital gains get taxed less than income
I mean entire system is even called CAPITALISM, what’s unclear about it?
i think if you ask that question, itll result in abolishing the minimum wage, in the usa anyway
Because even if this was implemented, rich assholes will find ways around it.
That house? Oh it’s owned by an LLC that rents it from the company I own for $1a month, I then house sit as a second job for $1 a month.
That car? Same deal.
My internet, home phone, electricity, water, insurance and all other home expenses? Paid for by my company as part of WFH rules for executives.
I also have regular business meetings in Hawaii and other overseas locations for business purposes.
