this post was submitted on 29 Jul 2023
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[โ€“] Shatur@lemmy.ml 1 points 1 year ago (1 children)

That's how I understand it, but why rich people may want to pay huge taxes?

Usually they try to avoid them as much as possible. I mean if capitalists run the country they could reduce them.

I think that's part of the issue. Social democracies tend to be far more run by the people. They tend to be highly influenced by capital power but not directly and that's a huge difference. Most countries where this exists don't have a gigantic money moving machine from corporations to politicians like the USA it's subtle by way of capital flight.