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Billionaires should not exist.
(lemmy.world)
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this post was submitted on 15 Mar 2024
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One thing is to tax the rich, another thing entirely is to tax what they haven't got "gains" on.
Yeah this.
Those numbers would be income taxation, but not capital gains taxation, and the really wealthy have most of their income as capital gains.
The more money you have, the more you have ways of avoiding taxes.
Which when I was young, used to be criminal. Now it's just rebranded.
¿Porque no los dos?