this post was submitted on 20 Feb 2026
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[โ€“] LurkingLuddite@piefed.social 1 points 1 month ago (1 children)

High taxes is limiting capitalism.

[โ€“] JasSmith@sh.itjust.works 0 points 1 month ago

I disagree. Capitalism is an economic system based on the private ownership of the means of production and its use for the purpose of obtaining profit. Taxes are not antithetical to capitalism. Neither are unions, public healthcare, unemployment benefits, etc. Capitalism is really good at allocating resources efficiently, but it's not good at helping the vulnerable. That's where government needs to step in.