Zero surprise that a program designed to make gentrification as profitable as possible has been abused by people enjoying the total lack of oversight.
Tag Archives: taxes
if they hate it this much it must be a good idea
Even aside from greatly reducing income inequality and poverty, drastically increasing the taxes of the ultra-wealthy would be worth it just to reduce their political influence.
Source: Warren’s wealth tax: why conservatives fear it – Vox
taxing billionaires
I’m pretty sure this “they never stop getting richer, even after they retire” thing would be slowed or stopped if these billionaires had to just pay their taxes like a normal person.
Source: Tech’s top 20 billionaires keep getting richer no matter how much money they give away – Vox
taxes, not philanthropy
Raising concerns a wealth tax could negatively impact philanthropy and foundations overlooks the public good that would (hopefully) be more evenly distributed through increased government services financed by those taxes.
Source: A wealth tax could have unpredictable effects on politics, philanthropy – Vox