▲ 2040 ▼ fair share? (discuss.tchncs.de) submitted 2 years ago by produnis@discuss.tchncs.de to c/leftymemes@lemmy.dbzer0.com 377 comments fedilink hide all child comments
[–] gtaman@iusearchlinux.fyi 10 points 2 years ago (1 child) The billionaires just have loopholes that they use to never realize gains with loan schemes and trust funds. < Isnt that then bigger problem than generally tax the rich? permalink fedilink source parent hideshow 2 child comments replies: [–] alvvayson@lemmy.world 12 points 2 years ago (1 child) Is there a difference? Closing loopholes = taxing the rich If the tax code lost all the loopholes, there probably would be no billionaires. permalink fedilink source parent hideshow 2 child comments replies: [–] gtaman@iusearchlinux.fyi 3 points 2 years ago (1 child) I meant that we should close the loopholes instead of just increasing tax rate for rich. permalink fedilink source parent hideshow 2 child comments replies: [–] alvvayson@lemmy.world 4 points 2 years ago Closing the loopholes is the same thing as increasing the taxes on the rich. Just try it and they will find a sad story of some business owner losing the family business because the loophole "serves a vital purpose" and then congress will rush to hell save those family farms. That's the reason no loopholes ever get closed. This movie has been on repeat for decades. The only way to really solve it is a smarter divide and conquer approach. Separate, stricter rules for the billionaire class that only apply to them. That way the small business owners stay out of range and have no incentive to help change the narrative. permalink fedilink source parent
[–] alvvayson@lemmy.world 12 points 2 years ago (1 child) Is there a difference? Closing loopholes = taxing the rich If the tax code lost all the loopholes, there probably would be no billionaires. permalink fedilink source parent hideshow 2 child comments replies: [–] gtaman@iusearchlinux.fyi 3 points 2 years ago (1 child) I meant that we should close the loopholes instead of just increasing tax rate for rich. permalink fedilink source parent hideshow 2 child comments replies: [–] alvvayson@lemmy.world 4 points 2 years ago Closing the loopholes is the same thing as increasing the taxes on the rich. Just try it and they will find a sad story of some business owner losing the family business because the loophole "serves a vital purpose" and then congress will rush to hell save those family farms. That's the reason no loopholes ever get closed. This movie has been on repeat for decades. The only way to really solve it is a smarter divide and conquer approach. Separate, stricter rules for the billionaire class that only apply to them. That way the small business owners stay out of range and have no incentive to help change the narrative. permalink fedilink source parent
[–] gtaman@iusearchlinux.fyi 3 points 2 years ago (1 child) I meant that we should close the loopholes instead of just increasing tax rate for rich. permalink fedilink source parent hideshow 2 child comments replies: [–] alvvayson@lemmy.world 4 points 2 years ago Closing the loopholes is the same thing as increasing the taxes on the rich. Just try it and they will find a sad story of some business owner losing the family business because the loophole "serves a vital purpose" and then congress will rush to hell save those family farms. That's the reason no loopholes ever get closed. This movie has been on repeat for decades. The only way to really solve it is a smarter divide and conquer approach. Separate, stricter rules for the billionaire class that only apply to them. That way the small business owners stay out of range and have no incentive to help change the narrative. permalink fedilink source parent
[–] alvvayson@lemmy.world 4 points 2 years ago Closing the loopholes is the same thing as increasing the taxes on the rich. Just try it and they will find a sad story of some business owner losing the family business because the loophole "serves a vital purpose" and then congress will rush to hell save those family farms. That's the reason no loopholes ever get closed. This movie has been on repeat for decades. The only way to really solve it is a smarter divide and conquer approach. Separate, stricter rules for the billionaire class that only apply to them. That way the small business owners stay out of range and have no incentive to help change the narrative. permalink fedilink source parent
