(no title)
SDedu
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4 months ago
You have it right! It’s a capital based model where income is the main driver of the economy where everyone puts in and the IRS/Fed monitors the economic activity of the country while allowing you to keep more of your money.
dangus|4 months ago
When you see someone like Jeff Bezos paying an effective tax rate of 12% you want that rate to be zero, while the median worker is getting a tax hike paying 50% ($600 per week is about half the median weekly individual income).
You’ve also made the tax so flat that it disregards regional economic differences. If you live in Alabama you’re paying a wildly higher tax rate than if you live in California. (You gave the example of $600 rather than a percent, please correct if you meant something else)
You call it an income-driven economy but only the income of the people doing labor is taxed.
If anything you’re doubling down on the most flawed aspects of our current system, introducing insane new ones, and possibly the most annoying bit is you seem to have zero interest in making even the most half-hearted elevator pitch as to how this could possibly make life better for the 99%.
SDedu|4 months ago
SDedu|4 months ago