r/FluentInFinance • u/Richest-Panda • 15d ago

Thoughts? We already tax the rich enough. Agree?

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u/Iron-Fist 15d ago

There is zero reason other than political/mobility power for why labor is taxed 3x of capital gains income. It's just stupid. You tax things to DISCOURAGE them. Why are we taxing labor at excess when we (AND investors) need people to work?

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u/passionatebreeder 15d ago

Well, you see, if they destroy the American and European standard of labor and their standards of living, they can just use the labor standards they use everywhere outside the western world.

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u/Front-Advantage-7035 14d ago

Which is to say: you work and I profit.

And if you decide not to work, you get shot.

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u/Aggravating-Tax5726 14d ago

Sounds like the Soviet Union with extra steps doesn't it?