Line this up with the recent article about how the (very modest) capital gains tax isn’t returning as much as was expected.
I think we can ramp up taxes on the wealthy a little more.
Of course, some of them will cry and threaten to leave. Let them go, someone else will step in and do what they do for less money. Keep in mind, these people do not, by and large, add value–quite the reverse, they skim off the value everyone else adds through their labour.
When they cry about a brain drain, let them. Don’t be afraid to throw in a “don’t let the door hit you on the ass”, too.
Eliminate all income taxes, payroll taxes, etc. for everyone earning less than $100,000 and how fast life’s luxeried becomes a lot more affordable when someone making $50,000 has zero income taxes so their take home pay is actually $50,000 and will only pay tax when they spend money.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
Line this up with the recent article about how the (very modest) capital gains tax isn’t returning as much as was expected.
I think we can ramp up taxes on the wealthy a little more.
Of course, some of them will cry and threaten to leave. Let them go, someone else will step in and do what they do for less money. Keep in mind, these people do not, by and large, add value–quite the reverse, they skim off the value everyone else adds through their labour.
When they cry about a brain drain, let them. Don’t be afraid to throw in a “don’t let the door hit you on the ass”, too.
Eliminate all income taxes, payroll taxes, etc. for everyone earning less than $100,000 and how fast life’s luxeried becomes a lot more affordable when someone making $50,000 has zero income taxes so their take home pay is actually $50,000 and will only pay tax when they spend money.