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pilledtexts.com | ||
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finnscave.com
America does not have an income inequality problem so much as it has a wealth inequality problem. The top 1% make about the same total income as the bottom 40% combined, which is significant, but it is nothing compared to the wealth gap. The top 1% have 139x as much wealth as the bottom 40%.... |
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conversableeconomist.com
A wealth tax is what it sounds like: a tax imposed not on income, but on wealth. The standard economic definition of wealth includes both nonfinancial assets like real estate and financial assets like stocks and bonds. Thus, a wealth tax doesn\'t care if the value of someone\'s wealth went up or down in the |
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larspsyll.wordpress.com
Beneath the civic ideal of taxation as a collective, equitable endeavour lies an entrenched hypocrisy: the architecture of modern tax codes serves not the public good but the consolidation of private wealth. The progressivity of income tax is hollowed out at the uppermost tiers, where income is largely derived from capital -- taxed at preferential... |
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blog.lvrg.org.au
[AI summary] The author proposes a detailed tax reform plan to replace the GST and company taxes with an annual tax on land and share values above par to stabilize the economy and balance the budget. |
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