zorggalacticus t1_is3zwl2 wrote on October 13, 2022 at 3:14 AM

Reply to comment by [deleted] in CVS cuts cost of menstrual products in 12 states with "tampon tax" by AmethystOrator

No it's not. The rich are not a resource. Keeping more of your own money is better. Always will be.

rocketeerH t1_is40puc wrote on October 13, 2022 at 3:21 AM

Do you know what labor and capital are? Labor is literally the primary resource of our current economy. Workers are by definition resources. Resources generate wealth. Owners and capitalists increase profits by reducing labor costs - by paying their workers less.

You don’t owe the rich your discounted labor. You deserve a bigger piece of the pie than some rich guy wants to give you. You’re worth it.

There are three non-violent ways to get it. You can make yourself perfectly indispensable to the point you can essentially blackmail your boss into paying fairly. You can unionize and force them to pay everyone fairly. Or you can tax them and use that income to build infrastructure and provide services - services that you would be able to afford if they were to pay your fairly in the first place

The Waltons are worth hundreds of billions of dollars, yet most of their employees need government assistance to survive. A flat tax would both increase the need for those programs - by burdening the poor more - and decrease the funds available by reducing taxes on the rich.

Oh, do you know about the standard deduction? That person making $1000/mo may have taxes withheld from their check, but at the end of the year they get it back because their tax burden is 0%

zorggalacticus t1_is428cs wrote on October 13, 2022 at 3:35 AM

Sales tax takes care of that. 10 cents on a dollar is going to be inconsequential to a poor person. But to the Uber rich it equates to millions of dollars per year in taxes. And they can't avoid paying out like the do income tax. If I make 40k a year, I'll have paid 76 dollars a week in taxes if I spend my entire paycheck. That's less that what I currently am paying in income tax right now, which helps me out. But a rich person who pulls in a million a year will pay 1,923 a week in taxes if they spent it all. One large purchase, like a luxury car or a boat, or even going out to high end restaurants will be exponentially more taxes than the average consumer will ever dream of paying. And I'd wager that you wouldn't collect any less taxes from the rich than from our current system full of tax breaks and loopholes. Tax accountants wouldn't be necessary. The IRS wouldn't have much to do. Those who don't work and are on welfare/food stamps are exempt from sales tax anyway. Sales tax isn't charged when you pay with welfare/ food stamp cards. So it really will only affect the working class (for the better) and the rich.