https://www.seattletimes.com/seattle-news/politics/wa-income-tax-passes-house-after-24-hour-debate/ #democracy #403ERROR #internetcollapse #taxdebate #techsupport #HackerNews #ngated
Read more about #GettingReal's ideas on #tax with an appendix full of indicative proposals.
https://gettingreal.org.uk/wp-content/uploads/2024/04/Stop-the-Damage-Build-a-Better-full-v-5.pdf
In short, the government can use taxation to shift away from economic activity that's damaging, reducing poverty and inequality, and raising needed revenue for needed things.
It needn't fall on most people but must hit the wealthy and those on high incomes.
It's not difficult, and would be overwhelming popular if well crafted.
/Thread ends
Public Skepticism Over Biden's $400,000 Tax Promise
• Biden administration's promise not to increase taxes for individuals earning less than $400,000 sparks online debate.
• Social media users express doubt, citing personal expenses.
• Debate surrounds indirect impact of inflation and higher taxes on corporations.
• Skepticism about government's ability to limit expenditures.
• Discussion highlights complex tax laws' effects on different income brackets.
#TaxDebate #BidenTaxPromise