And what would happen if we did?

1 point

even if we did (because we used to, after big fights), the burgeoise would reverse it because they are the ones in power rn.

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3 points
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10 points

In Finland fines are based on percentage of yearly income.

We’re still waiting for Bezos to come here and get a massive speeding ticket to fix our budget for the next decade

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2 points

Hahaha that’s great. I love Finland, thanks for the sauna’s!

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1 point

The rich don’t earn money from an income. They earn it from investments. We tax investments at the same rate as the top bracket (37%). If we raised the top income bracket to 38%, it would push more rich to receive their income via investment. However, raise the investment tax (capital gains), and we drive foreign investment away. A lot of foreign money is in America because we have a long history of stability and a low possibility of the people rising up and nationalizing ownership of foreign property. Drive that money away and everyone suffers, but that also makes it impossible to raise taxes on the rich.

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0 points
-1 points

I should of said “makes it impossible to raise taxes on the rich” … without them passing on the hurt to the poor. Sort of like how Trump thinks a tariff on foreign goods will only be paid by foreigners.

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9 points

they would threaten to move all operations to somewhere like the Cayman Islands which makes no fucking sense

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4 points

They can threaten all they want, it’s simply not possible. If it actually was possible, they’d have done that a long time ago.

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1 point

Like it or not they have assets here. If they move their operations overseas and evade taxes they can enjoy having their assets seized and their IP confiscated.

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