a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
rthomas6  ·  1901 days ago  ·  link  ·    ·  parent  ·  post: Attack of the Fanatical Centrists

That's all fine, but if you want a tax policy that favors workers and creators, you might want to rethink taxing the holy hell out of businesses. Because corporations will simply pass the cost to the consumer of their products as much as possible. Workers and creators are going to have to care a lot more about making money if the cost of every consumer good increases. It's much more direct to just tax the wealthy. Like you said, investment taxes. Preferably progressive investment taxes. Tax the people that own the businesses. You mention taxing idle wealth. To me, corporations are close to a definition of wealth that is not idle. Especially smaller and locally owned ones.

Taxes are for things we want less of. They are a disincentive. I do not believe we want less businesses. We want things like less carbon emissions, and less wealth inequality.