Yeah, it's getting progressively more unfair for the working class.
Inventing Reality
When the media decides who you are rooting for.
WP: "What else do you want, their lives?"
Reader: "Well actually now that you mention it..."
The rich pay nothing, they don't have taxable income. They just sit on their assets and when they need money, they take a zero-interest loan. No taxes on those.
Who said anything about an income tax? I want a national wealth cap.
Did you mean all the job providers, who pay slave wages and want to replace us with AI?! Give yer head a shake there fella
Fuck this. Take their heads, then take their money.
Rich workers get taxed progressively.
Rich capitalists do not get taxed progressively.
Washington Post is actively withholding information to push a narrative that benefits capitalists.
So this is the darkness democracy dies in...
Yes, this is WaPo mission declaration
They got rid of it when he bought it I thought?
Lmao, I wonder why.
Billionaires are abominations.
Headline changed to..."Billionaire Media Owners Say To Not Tax The Rich!".
The Opinion "page" has always been a shit show. That is the point of it. It was always skate from the journalistic sections.
Is it an opinion if it's written by the editorial board?
The point of an Opinion page is to present propaganda without accountability. They certainly aren't publishing articles from revolutionaries.
They like to not differentiate from opinion and facts so that way people will believe shitty opinions more.
income tax is whack, tax wealth.
Taxation of people with disgusting amounts of wealth in general is whack.
They're not giving up their wealth willingly. That's not how wealth works. It needs to be taken by force.
taxing wealth is whack. eat the rich.
Wealth tax should make capitalists happy: it encourages capital to be actively deployed & not passively hoarded. Make capital earn its keep.
Por qué no los dos?
The problem with a wealth tax is the feasibility of the tax. Every time it's ever been tried it has failed. Expecting the IRS to be able to accurately appraise everything a wealthy person owns is a tall task. As soon as you allow an exception, the wealthy avoid taxes by putting their money into that exception.
Alright, no exceptions
Okay, hire a shit ton more IRS agents and expect tax seasons to last forever as everyone gets literally everything they own appraised.
Lol, if less complicated, that is, if there are no exceptions, then you need fewer agents
Worth it
The solution then is to abolish private ownership so that people cannot become wealthy by exploiting the labor of others in the first place.
Think about what you're saying. Nobody should be allowed to own anything? No books, no art, no jewelry, no anything. Because literally anything can be made to be luxury and become a store of value.
I have thought about what I'm saying. The problem is you don't understand what I'm saying, but I did just kinda throw it out there with no explanation (because we're on lemmy.ml, I didn't think I needed to). I am referring to private property in the Marxian sense, where a distinction is made between private and personal property. All of the things you listed are personal property, not private property. In Marxian economics private property refers to the means of production privately owned and involved in an economic enterprise employing wage labor (i.e. factories, offices, farms) while personal property refers to consumer goods or goods produced by an individual (i.e. books, art, jewelry). What I was presenting as a solution is the abolishment of the former and not the latter, replacing private ownership instead with collective or public ownership (when workers share ownership of their tools and place of work - the means of production). This is the core idea of all anti-capitalist ideologies, though it was first articulated in this way by anarchists.
So tax their income and asset movements to pay for an appraisal service? And carve out exceptions for non-luxuries like primary residence and farm equipment? Seems straightforward to me, but I'm far from an expert.
Build a primary residence the size of a city and sell parts of it to the poor class you keep homeless when you need to liquidate, easy
"Size of a city" should come with pretty hefty property tax I'd think. And billionaires love to be jetsetters so I image very few would want to stick to a single residence just to save on taxes.
Every time it's ever been tried it has failed.
I don't buy that.
When you are above an arbitrary limit of wealth, you should pay 99% taxes, that applies to everything, including loans. Trying to get around it with loopholes, going against the spirit of the law, must incur jail and loss of assets.
Societies can't bear the burdens of a leech class. There should be no wealth gap.