grte@lemmy.ca to Canada@lemmy.ca · 4 months agoLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.caexternal-linkmessage-square24fedilinkarrow-up18arrow-down12
arrow-up16arrow-down1external-linkLet’s Set a Maximum Wage for the Rich | The Tyeethetyee.cagrte@lemmy.ca to Canada@lemmy.ca · 4 months agomessage-square24fedilink
minus-squareoriginalucifer@moist.catsweat.comlinkfedilinkarrow-up2·4 months agoyou dont need a max wage if you tax effectively. it would be 100% past a certain, massive amount.
minus-squaregrte@lemmy.caOPlinkfedilinkarrow-up2·4 months agoThat’s exactly how the article suggests setting the maximum.
minus-squaremaxprime@lemmy.mllinkfedilinkarrow-up0·4 months agoHow does that work when the super rich don’t pay any taxes to begin with? How do you tax wealth? How do you tax loans against shares?
you dont need a max wage if you tax effectively. it would be 100% past a certain, massive amount.
That’s exactly how the article suggests setting the maximum.
“Wage” is rather poor wording then.
How does that work when the super rich don’t pay any taxes to begin with? How do you tax wealth? How do you tax loans against shares?
You tax holdings.