this post was submitted on 20 Nov 2023
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You are right, I was a cynical ass. I apologize.
What I should have said is:
Adding more or taxes or higher taxes is likely to primarily hit the working upper class. It will not affect the super rich. If we want a tax system that actually makes the most wealthy pay their fair share, we need to close tax loopholes and creative accounting schemes.
TY, I apologize for the snarky response.
In the end, the only way the super rich will pay their share is to innovate in taxation. This is the real reason the IRS needs a few more billion, sure to have more agents, but also to open a quantum taxation R&D unit, I dunno, maybe build them a new kind of super collider, let's see what happens.
Anything is better than shrugging and moping "that's just the way it is."