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submitted 9 months ago by throws_lemy@lemmy.nz to c/technology@lemmy.world

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[-] QuadratureSurfer@lemmy.world 12 points 9 months ago

The lack of people understanding this is what leads to poorly written laws.

They think that all we need is an income tax to tax the rich more.

So when laws are passed saying that they'll tax anyone making more than $1mil, people don't realize that it doesn't really do a whole lot.

[-] currycourier@lemmy.world 12 points 9 months ago

I mean I think capital gains needs to be rolled into income tax too

this post was submitted on 14 Dec 2023

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