this post was submitted on 17 Jan 2024
1046 points (99.0% liked)

Work Reform

9976 readers
2 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 

Source: Oxfam

you are viewing a single comment's thread
view the rest of the comments
[–] cyberpunk007@lemmy.ca 16 points 9 months ago (2 children)

What's crazy is I pay around 45% income tax. And these people have their billions. How about anyone making less than 500k a year doesn't get taxed, and those fuckers pay.

[–] WetBeardHairs@lemmy.ml 4 points 9 months ago

The billionaires could have their tax attorneys make them look like they have no net income. It's a complicated game. If you tax their wealth, they'll just shift the ownership to a trust or corporation that they technically don't control. And that's assuming you could even find most of their wealth!

Really I think the answer is we need to try them for crimes against humanity and forbid them from owning any assets.

[–] andros_rex@lemmy.world 2 points 9 months ago

Rich people don’t keep their money in cash. It’s in assets - land, houses, businesses… They pay someone to figure out what they can write off. They also will know to the dime what the maximum amount they can donate and write off, distribute the wealth among family, and have access to all kinds of exotic financial instruments.