Quote:
Originally Posted by GGG
It is probably more palatable to give you 20k and raise your taxes by 40k then just to raise your taxes by 20k.
That’s how the math would work out anyways for anyone above a certain income.
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Another major issue is that high income earners are rarely strict employees. Most have their incomes sheltered in corporations. Once again, we'd be adding another burden on the working middle class.
It'd probably be a better idea just to overhaul the current private corporate system, increase property and consumption taxes, and implement estate taxes if you want more wealth distribution.