The “system” includes many tax breaks for the lower income. I do agree that we could look into taxing billionaires more but that won’t fix the bigger issue.
The government needs to work on balancing its finances
There is some support for lower income brackets but my personal opinion is there should not be “billionaires” in the first place, and that’s where the system falls short. “Billions” is an obscene amount of wealth to be had by one person.
Edit: Here is a visualization on how much billions of dollars really is. Truly mind-blowing.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Rules:
Be civil and nice.
Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
The “system” includes many tax breaks for the lower income. I do agree that we could look into taxing billionaires more but that won’t fix the bigger issue.
The government needs to work on balancing its finances
There is some support for lower income brackets but my personal opinion is there should not be “billionaires” in the first place, and that’s where the system falls short. “Billions” is an obscene amount of wealth to be had by one person.
Edit: Here is a visualization on how much billions of dollars really is. Truly mind-blowing.