Losing half your money in divorce and still becoming the richest person in the world again proves we can take 90% of their wealth and they'd still be fine.
Former president Donald Trump on Thursday raised the prospect of scrapping the U.S. income tax system and replacing it with something very different: much higher tariffs on imported goods.
The fucking idiot still doesn't get that Americans pay the tariffs. Or is he expecting to collect $16,180,461,000 from caviar imports?
About 125,000 notices will be sent to high-income earners, including 25,000 people with income more than $1 million, the tax agency said. Maybe we should eat the rich before the price per pound exceeds that of ground beef.
Maybe we should just tax them enough to make them cry again and drink their tears while passing UBI for everyone who is not a millionaire or billionaire
@DemocracyMattersALot They have every single tax break imaginable and have the ability to pay a fleet of accountants to squeeze out even more blood from a stone and they STILL can’t file their taxes?
The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise about $313 billion a year for the global fight against poverty, inequality & global heating
New report: over 10,000 San Francisco households received rent relief totaling $61.2 million dollars through SF’s unprecedented local rent relief program. This shows what happens when we tax the ultra-rich to fund people’s basic needs. I’m incredibly proud of how our city came together to make this happen.
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The whole model of taxing "income" is wrong. We need to tax Wealth, not Income. Because the ones who desperately need taxing aren't the working folk.
Incidentally, in Canada there is a tax rebate called the "Canada Workers Benefit" (previously "Working Income Tax Benefit") which returns several thousand dollars to those within the bracket. It's a tiny band-aid step in the right direction, to lighten the tax load on those who are working for it, but the whole system needs to change.
Yeah, a relative explained to me how this offshore company he worked for did a similar thing with pay.
They had a paltry salary, but they gave generous yearly "loans" at no interest for 99 years. There were no payments and the loan was forgiven after 99 years...
scamming your way out of taxes is the barrier between the classes.
We should just educate everyone how to do this (like your infographic) until the system breaks