FenrirIII@lemmy.world to politics @lemmy.world · 12 days ago50 years of tax cuts for the rich failed to trickle down, economics study sayswww.cbsnews.comexternal-linkmessage-square111fedilinkarrow-up11arrow-down10cross-posted to: news@lemmy.worldcanada@lemmy.cafinance@beehaw.org
arrow-up11arrow-down1external-link50 years of tax cuts for the rich failed to trickle down, economics study sayswww.cbsnews.comFenrirIII@lemmy.world to politics @lemmy.world · 12 days agomessage-square111fedilinkcross-posted to: news@lemmy.worldcanada@lemmy.cafinance@beehaw.org
minus-squareSurp@lemmy.worldlinkfedilinkarrow-up0·edit-211 days agoPeople should be always taxed more depending on how much more they make starting at 500,000$ a year for a single person imo. Once you hit that threshold you’re far above a normal human…far above.
minus-squareBlackmist@feddit.uklinkfedilinkEnglisharrow-up0·11 days agoYeah, the problem being that they get compensated in shares, etc, above that point, meaning they dodge all the income tax anyway.
minus-squareOmgpwnies@lemmy.worldlinkfedilinkEnglisharrow-up0·11 days agoIf wages/salary are your primary/only source of income, you are not part of the wealthy class, even if it is $500k. Not even close.
People should be always taxed more depending on how much more they make starting at 500,000$ a year for a single person imo. Once you hit that threshold you’re far above a normal human…far above.
Yeah, the problem being that they get compensated in shares, etc, above that point, meaning they dodge all the income tax anyway.
If wages/salary are your primary/only source of income, you are not part of the wealthy class, even if it is $500k. Not even close.