17-08-2023, 02:58 PM
(17-08-2023, 02:43 PM)Oh_hunnihunni Wrote: Indeed. Especially seeing the vast majority of tax payers pay a much larger percentage of their income in tax than those very few wealthy at the top of the pile. The ones who also happen to own most of the assets. Along with a great deal of power.
Bring on the wealth tax.
That's specifically why I said "income tax". There is nothing fair about the proposed wealth taxes. The report that supposedly showed the richest not paying enough tax was looking at capital assets, not incomes. The richest people already pay the highest proportion of their higher incomes. The taxing of unrealised capital can never be fair.