• Wilzax@lemmy.world
    link
    fedilink
    arrow-up
    13
    ·
    9 months ago

    Capital gains taxes and graduated lending taxes would do far more to combat wealth inequality than income tax ever could

    • grue@lemmy.world
      link
      fedilink
      English
      arrow-up
      9
      ·
      edit-2
      9 months ago

      I’d just like to give a shout-out to estate tax, which is the only kind of tax that has the explicit purpose of preventing the establishment of an aristocracy.

      • Wilzax@lemmy.world
        link
        fedilink
        arrow-up
        5
        ·
        9 months ago

        Yeah but it also means that families might not be able to afford their own home if the people listed on the deed die.

        1 home should be deductible from property and estate taxes for all individuals, and not at all for any kind of corporation or organization.