Communism

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Protestation (discuss.tchncs.de)

submitted 3 months ago by protestation@discuss.tchncs.de to c/communism@lemmy.ml

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[–] gandalf_der_12te@discuss.tchncs.de 3 points 3 months ago (2 children)

Also if you have a million dollars or more and put it into the most generic stock/index imaginable, then it will grow by a few percent annually, while you do jack-ass nothing. Therefore it is only fair to introduce a wealth tax to tax these unearned-profits by maybe, let's say 3% annually. That money could well go towards society, i.e. the people.

[–] Evolith@lemmy.world 1 points 3 months ago (1 children)

Decent idea, but the calculation is flawed based on the average US citizen income tax being ~14%. Why should excessive profits for the rich be only taxed 3%?

[–] gandalf_der_12te@discuss.tchncs.de 1 points 3 months ago

see, this exact type of infighting is exactly why leftists never get anything done in the US. instead of agreeing on a proposal that will make everyone's living condition a little bit better, people infight about it "not being good enough".