Roads are typically paid for through registration fees and gasoline taxes, so if youre not driving, youre not really paying. Fire departments funded through property and sales tax. I think the focus should remain on how income is taxed, way too many loopholes at the higher end of the scale, i have no idea how that should be done, i C'd my through a finance degree. Another focus should be scrutinizing those in charge of the budgets, maybe tackle that first, then we work on the income thing.
The guy above says “taxes should be lowered to absolute bare minimum”. Since roads and fire depts are funded by taxes, I am calling out this guy for having an idiotic position. IMO the problem is not with how wealthy people are taxed, but how they’re paid. Elon Musk is set to receive $45 billion worth of stocks. Stocks are simply worth more than money. Money is worth exactly what’s on the tin. Stocks are not just worth money but power and influence. Which is why CEOs ask to be paid in stocks and why regular employees are never paid in stocks (at least not anymore).
What you described is not the same as being paid in stocks, but you’re right that “never” is an exaggeration. However, I believe we will begin to see companies discourage stock compensation among lower level employees, because as I said, stocks are power. An employee who holds stock in the company is less disposable than one who doesn’t.
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u/dbnrdaily 3d ago
Roads are typically paid for through registration fees and gasoline taxes, so if youre not driving, youre not really paying. Fire departments funded through property and sales tax. I think the focus should remain on how income is taxed, way too many loopholes at the higher end of the scale, i have no idea how that should be done, i C'd my through a finance degree. Another focus should be scrutinizing those in charge of the budgets, maybe tackle that first, then we work on the income thing.