Better than that I am self-employed and have been all my life…or most of it anyway.
Most of my clients are wealthy. I know the difference between wealth and income. I also know how income gets disguised as wealth so ut doesnt get taxed. You are not making a very good case.
Ok so if you are old enough to hold a job then you should address the colossal gap in knowledge about finances unless you are immanently terminal.
Im not being snarky if you don’t know the difference between wealth and income you likely need to learn a bunch about finance so that retirement isn’t just a mythical dream for you.
I dont know how many times I have to say it: I know the difference. Taxing income isnt working. We offered the progressive marginal system to be reinstated and everyone lost their goddamn minds over it. Taxing wealth is the next thing to do, at least until such time as wealth is properly defined as income (“the Company gave me a car, house and a yacht, but I only have an income of $1.00/year!”) and then is taxed as income.
Now go ahead, ignore the entire issue by spouting arrogant semantics about the definition of “income” again. That will totally work this time.
No, you do not know the difference. If you did you would not make the comments you did.
We literally have a progressive tax system right now. Again you really don’t have the level of understanding you think you do regarding this subject. It is really obvious to those that do know the basics.
Im not making a semantic argument. It only seems that way because you have no idea what is being discussed here. Wealth taxes have never been proven to be effective.
Better than that I am self-employed and have been all my life…or most of it anyway. Most of my clients are wealthy. I know the difference between wealth and income. I also know how income gets disguised as wealth so ut doesnt get taxed. You are not making a very good case.
Ok so if you are old enough to hold a job then you should address the colossal gap in knowledge about finances unless you are immanently terminal.
Im not being snarky if you don’t know the difference between wealth and income you likely need to learn a bunch about finance so that retirement isn’t just a mythical dream for you.
I dont know how many times I have to say it: I know the difference. Taxing income isnt working. We offered the progressive marginal system to be reinstated and everyone lost their goddamn minds over it. Taxing wealth is the next thing to do, at least until such time as wealth is properly defined as income (“the Company gave me a car, house and a yacht, but I only have an income of $1.00/year!”) and then is taxed as income.
Now go ahead, ignore the entire issue by spouting arrogant semantics about the definition of “income” again. That will totally work this time.
No, you do not know the difference. If you did you would not make the comments you did.
We literally have a progressive tax system right now. Again you really don’t have the level of understanding you think you do regarding this subject. It is really obvious to those that do know the basics.
Im not making a semantic argument. It only seems that way because you have no idea what is being discussed here. Wealth taxes have never been proven to be effective.