this post was submitted on 14 Jun 2024
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[–] vinayagg@api.clubsall.com -3 points 4 months ago (1 children)

Should you not be upset even more that no matter how much tax is collected, govt has insatiable desire to keep spending more and more? i agree "Rich need to pay their fair share", but what is "fair share" govt should be collecting?

[–] pyre@lemmy.world 10 points 4 months ago (1 children)

govt spending more and more is fine, so long as it goes back to society. maintain roads and bridges, create new parks and accessible paths, etc etc.

the problem is when it all goes to providing weapons to foreign countries so more children can be murdered and providing weapons to pigs so more minorities can be murdered.

[–] vinayagg@api.clubsall.com 1 points 4 months ago (1 children)

If increasingly more spending is ok, do you support 34T debt or unlimited debt?

Should taxes have an upper limit? 50%? 70%? 90%?

[–] pyre@lemmy.world 2 points 4 months ago

yes, money is made up and i don't give a shit about govt debt.

and of course taxes have an upper limit. i think it's fair to say taxes shouldn't go above 100%.

i support multi-tier taxing, starting with 0% until a living wage, a reasonable percentage from that point until a well-off range, then higher and higher. every dollar above 100 million at 90%, and every dollar from 1 billion and beyond at 100%. billionaires shouldn't exist.