Why the UK Won't Tax Wealth
A working professional on £110k pays 60% at the margin. A duke passing farmland through the right relief pays close to nothing. Britain taxes income, not wealth. By design.
#WealthTax #InheritanceTax #ProgressiveTaxation #UKPersonalFinance
A poltical cartoon illustrating the overpaid CEO tax
#progressivetaxation for the benefit of the working class
https://bsky.app/profile/rprobbins.bsky.social/post/3mnmmyimi2k2c
State of the Union Bombshell: Tariffs as a Backdoor Income Tax Replacement
A State of the Union address admission reveals a plan to replace progressive income taxes with tariffs—a regressive shift that would raise prices and burden working families.
#billionaireTaxCuts #ConsumerPrices #EconomicInequality #IncomeTax #IndependentMedia #inflation #progressiveTaxation #regressiveTaxation #StateOfTheUnion #tariffs #taxPolicy #TradePolicy #wealthConcentration #workingClass https://wp.me/p1OjMZ-oJvLuke 12:48
For everyone to whom much is given, of him shall much be required
TAX THE RICH
#bible #responsibility #accountability #freeloaders #progressivetaxation
⬆️ @atrupar >>>> #Trump on Tim Cook and other CEOs traveling to meet with him: "In the first term, everybody was fighting me. In this term, everybody wants to be my friend."
@GottaLaff >> Everyone is scared shitless, a coward, and/or greedier than last time.
Watch how quickly #progressiveTaxation becomes a reality in #Trump world.
People & corps will pay a "tax" to trump (not to #IRS) depending on their ability to pay. The richer will pay MORE than the less fortunate, but US Govt won't get any
⬆️ >> Fair #progressiveTaxation is what's missing. 4+ decades of #Reagan #TrickleDown economic policies is what brought us here. Problem is not #Capitalism but unbridled #laissezFaire. Govt is not optional.
Because assumptions of perfect competition do not hold in real world, govt is not optional. Corrective action is needed to bring fairness.
But in the name of efficiency, we will have #DOGE — Destruction of Government (by) #Elon
via @gilduran https://www.theframelab.org/destruction-of-government-by-elon-doge/
⬆️ @slashdottir
>> Everyone seems to be averting their eyes from the fact that capitalism as a system seems to require underpaid or slave labor to keep things affordable to the general public so that it works out … Is there a way to have capitalism without relying on exploitation?
Fair, #progressiveTaxation is what's missing.
4+ decades of #Reagan #TrickleDown economic policies is what brought us here.
Problem is not #Capitalism but unbridled #laissezFaire. Govt is not optional.
@nealcurtis #thankYou
These is some good definitions, I just added some tags so we can find this again.
#Neoliberalism was the means by which the rich dismantled the consensus around #socialDemocracy, #progressiveTaxation, #welfare and #publicServices in order to amass wealth and material inequality similar to the time of absolute monarchs.
#Fascism is the chosen means by which they secure and preserve those gains.
Freedom Isn't Free
LeftDemocrat
joost
Egberto Willies
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AL