How should we approach taxing the wealthy in a practical manner?
TORFdot0 @ TORFdot0 @lemmy.world Posts 19Comments 1,247Joined 2 yr. ago
TORFdot0 @ TORFdot0 @lemmy.world
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Any attempts to implement new taxes are going to hit the middle class the hardest as the wealthiest have the money to be able to move and organize their wealth to achieve maximum tax avoidance. Meanwhile the guy hustling to provide a few rentals to college kids. Or the unlucky couple who lost both sets of parents in the same year are going to see huge burdens because they don’t necessarily have a lot of income but have “wealth”