• 12 Posts
  • 239 Comments
Joined 1 year ago
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Cake day: July 13th, 2023

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  • The problem is loopholes, but I’m not a tax lawyer, which is why I provi such a vague answer.

    I think that ostentatious wealth is a sign you’re not doing your share to help the society that supports you, so the disgustingly rich shouldn’t exist. But I’m not opposed to a little inequality as reward for doing important work or going above and beyond, but what we have now is crazy.

    I wouldn’t really say that California’s tax is especially progressive compared to taxes in the past, like the golden age of the USA. But even then, lobbyists have opened so many loopholes that it doesn’t even really matter what the tax rate is


  • I don’t know because I think if people got paid fair wages the world would look very different, and the cost of living calculations we currently use to determine fair wages would change in ways I can’t predict.

    I think that with aggressive progressive taxes, we’d see the range of incomes get compressed, and lift lower incomes. I’m not entirely sure how that’d affect cost of living, it’d probably go up, but wages would go up more.

    But if I had to guess, if say everyone should be making between $100k and $300k, and I should probably be somewhere in the middle of that.