683
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 03 Jan 2024
683 points (100.0% liked)
News
23259 readers
2825 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
I think there are two factors that make it make sense to me.
People who make oodles of money, that these taxes actually impact, generally don't make that money by being any more productive than the rest of us. They won the birth lottery, or found the right way to exploit other people's labour, or created artificial demand, and so on and so forth. So, they don't really "deserve" that money. I personally agree with this, but I don't think it's a great argument in favour of higher wealth taxes because it's a pretty subjective take.
The purpose of tax is to allow us to collectively allocate wealth to improve society as a whole. We might not all agree on how that should be allocated - some people think we should spend more on health or the military or education or social welfare - but tax is a tool that we (as a culture) have decided is a good way to make sure that we make progress in some shared direction. It's not wrong to think that tax is wrong, but I personally believe that if we didn't have that system, the world would go nowhere because everyone would only spend in their personal interests. Cynical, sure, but it is what it is.
With this in mind I think it makes a bit more sense. Increasing the proportion of tax paid by the 0.1% of people who have the most only marginally affects those people, but the amount of money raised which can be used on common interests has the possibility of doing far more good, for far more people. That money has the potential to be more productive if it wasn't tied up in bonds, or gold, or Bitcoin, or etc.
Many/most western countries already use progressive tax brackets. Wealth taxes, to me, are just adjusting those to "catch up" with the modern definition of wealthy.
Completely agree that it'd be good to actually know someone megarich. I think that's one of the biggest problems in modern society, that people don't have enough opportunities to interact with those outside of their immediate social spheres. I think if the megarich had to interact with normal people (and vice versa) we would all understand each other much better.
I guess I do agree also that no one is entitled to a rich persons money. I guess to go back to fairness though, I find it unfair that there are people going without basic human needs in the same countries as there are people figuratively hoarding piles of gold