• 3 Posts
  • 13 Comments
Joined 2 years ago
cake
Cake day: June 25th, 2023

help-circle





  • glevonto196what's your favorite tax rule
    link
    fedilink
    English
    arrow-up
    5
    ·
    edit-2
    1 year ago

    Yeah land value taxes are cool, but ultimately taxes are just a bandaid solution to rampant inequality. As long as billionaires keep their vast economic (and therefore political) power through control of the means of production, they have the power to undermine any attempt to tax their wealth away. Which is why we need a fundamental reorganization of the economy that places the power in the hands of the people. Otherwise known as socialism :)



  • glevonto196Rule
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    1 year ago

    who along with gates signed a pledge to give away his entire fortune to charity when he dies

    Which charities? The charities owned by them and their family of course. This is just tax dodging dressed up by good PR.

    Billionaire run charities are just investment portfolios with good PR, they’re only legally required to actually donate 5% of their holdings a year (and there are loopholes such as donating assets that aren’t easily valued, which mean they often don’t even have to donate that much).