
Originally Posted by
Gandalf
He would have paid his property taxes and that's the end of it in that regard. Whilst saving he would have paid his income tax too and I doubt he was earning enough to be considered super rich. Now when it comes to people investing in the stock market. Well, yes people should be taxed on that. You pay VAT everytime you buy a loaf of bread, then you should have a similar tax on your investments. You even save money in a bank and get taxed on that. Investing in a stock market is not doing anything the hardway. It is gambling and it has paid off and should be taxed.
If you work hard then you have rewards for it. We are talking about the super rich here Brock. The people that don't even pay their basic taxes and use offshore tax havens and use their wealth to buy government policy. It's an entirely different thing to Joe Bloggs who sacrifices having children and plods away saving year in year out investing a bit on the way. Someone earning 100,000 a year is not super rich, but should certainly pay more than someone on 20,000 a year. A redistributive tax system where the more you earn the more tax you pay. If you take home 400,000 a year then you should pay more taxes. People who earn more money in a corporation do not neccessarily work harder, provide better value for money, none of that and they end up making decisions that end up with companies relocating to cheaper countries, leaving people unemployed etc. In that sense, you fucked up the country and still got rich with your heartless decisions. Tax that fucker and that firm! Looking out for number one all the time, now give back to the society that now has to pick up the welfare tab.
It's about balance Brock and you have experimented with neoliberalism and it has failed. You have half the country on welfare because there are no jobs and only illegal immigrants will do it. How about going back to a system that actually worked and provided wealth for the country? See neo liberalism actually increases the welfare state and because there are less taxes and well paying jobs the government debt just continues to rise. It isn't sustainable. It explains why the US makes so many weapons, which I am sure Mattis will be wanting to utilise.
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