this post was submitted on 26 Jun 2026
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] AA5B@lemmy.world 1 points 16 hours ago (1 children)

I’ve always wondered if the answer is doing away with “income tax” entirely (it’s a racket anyway) and having a much higher “sales tax” on everything.

Counterexample is Elon musk. He’s the biggest example of wealth inequity, yet he’s not ostentatious. His sales tax would be small

The real answer is treating other forms of wealth and income the same as we do salary income. Why do they get to call some of their income as “not income” and pay less. If we have to pay a property tax on the assessed value of our house even when we haven’t”realized” any gains, why are they not paying any tax on stock or company’s, their “property”

[–] Colonel_Panic_@eviltoast.org 2 points 12 hours ago

That part. Exactly. We pay for estimated value, they should.

1 trillion net worth (even if all made up) should pay the taxes on that full amount just like we do.

If I earn 100k dollars, half that goes to taxes. How come Peelon can earn 100billion and gets all the benefits thereof and doesn't pay half in taxes?

In theory 50k from my taxes should be in the tax bank and 50 billion from his. Instead I payed 50k and he paid maybe 5k.