Strypey on Nostr: #[0] > Our tax take is too dependant on consumerism (GST) Agreed. The wealthy ...
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> Our tax take is too dependant on consumerism (GST)
Agreed. The wealthy accumulate billions in untaxed capital gains, while working people pay tax on both our income and our spending.
> So, who pays for major improvement to infrastructure?
The wealthy, who get such a disproportionate benefit from it, subsidized by the rest of us. Unless we wildly undertax most some of their income and fail to tax most of it at all...
> Our tax take is too dependant on consumerism (GST)
Agreed. The wealthy accumulate billions in untaxed capital gains, while working people pay tax on both our income and our spending.
> So, who pays for major improvement to infrastructure?
The wealthy, who get such a disproportionate benefit from it, subsidized by the rest of us. Unless we wildly undertax most some of their income and fail to tax most of it at all...