Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

hunter

(38,763 posts)
15. Taxes on both wealth and income need to be steeply progressive.
Thu Aug 5, 2021, 02:27 PM
Aug 2021

The wealthy ought to pay the most taxes in our society simply because they benefit most from society's organization. If the top ten percent are paying 90% of the taxes that's a good thing.

For what it's worth, a national economy is nothing like a household budget.

In a well run economy money is created to support a strong middle class, low unemployment rates, and good jobs.

Ideally taxes are gathered from those most able to pay them to control inflation and discourage parasitic financial schemes.


Latest Discussions»General Discussion»Do you support raising ta...»Reply #15