/biz/ - Business & Finance

Rich people don’t pay income tax because they don’t earn income from jobs because they don’t have jobs. They have assets which provide cashflow which are owned by businesses for which tax is deductible, so they pay minimal amounts of tax even relative to their cashflow. Even if you tax rich people 100% of their income they will still make more money in one quarter than poor people make in a year. If you want them to “contribute” proportionally to poor people the only way to do this is to literally steal their assets by physical violence. That is the end game of socialism.

If someone says “tax the rich” they have no education and do not understand any part of economics or society and are in a mutually destructive cult whose end game is the forcable destruction of all of society and human life. This is why communism always ends in firing squads and mass starvation.

Poor people are taxed proportionally highly than rich people relative to their controbution to society, which is negative. This is because they consume but do not produce. They do not provide housing or public services or goods, they consume these things. It’s the moral obligation of poor people to make themselves wealthy; it is inherently immoral to penalize those who provide the structure of society itself in order to benefit people whose aim is to selfishly take from
society without contribution to it.