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A liberal tax scheme I actually like


               
2020 Nov 5, 11:52am   1,919 views  15 comments

by Zak   follow (0)  

https://apnews.com/article/san-francisco-approves-taxes-on-ceos-9dbf9e764220830dcfabeed96b45a63d

It's direct. It's simple. There is a clear way to not pay it. And you are free to choose whether to pay it or not, and control it though your own actions. In addition, it's not egregious! It's under 1%! In addition, it targets the business entity itself, and not the CEO. The only way this could be better is if it automatically expired, and needed to be renewed with an updated vote, just in case it is a bad idea with unintended consequences.

Never let it be said that I didn't agree with a liberal idea when it was a good one.

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13   Eric_Holder   @   2020 Nov 6, 10:39am  

Zak says
There is a clear way to not pay it


You know that many CEOs have $1 salaries, dontcha? And Bezos' salary is something like $83K. This is pure bullshit - nobody will pay a single red cent.
14   SunnyvaleCA   @   2020 Nov 6, 11:16am  

Zak says
When business comes under the microscope, you can be damn sure they will make sure the competition is paying their fair share.
Ah. Yes. That does make sense. Thanks!
15   HeadSet   @   2020 Nov 6, 12:06pm  

Zak says
"A poor person, if you indirectly tax the employer, thinks they aren't getting taxed and always pushes for higher taxes and more "free stuff." "

Bad argument. A poor person already isn't paying federal income tax after deductions. We're just making them fill out a bunch of paperwork to prove they are poor basically. And we get to hire some people in government to make sure we review that paperwork.

Nothing about filling out paperwork prevents people from voting for more free stuff for themselves.


You are leaving something out. Many of the 50% who do not pay taxes still are subject to withholding get a "refund" in April. Also add in Earned Income Credit. Now you have a set of low income people who do not want income tax removed, as they would perceive a loss of benefit.

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