Comment by GrizzlyAdam12 on 02/02/2025 at 02:48 UTC

27 upvotes, 2 direct replies (showing 2)

View submission: Tax Breaks from Gov

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I mean….if the goal is for the wealthier to pay more in taxes, it’s more efficient to just impose higher income taxes. It’s also a more reliable revenue stream (sales tax revenues are more volatile, especially decline during a recession).

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Comment by Spr-Scuba at 02/02/2025 at 03:35 UTC

20 upvotes, 0 direct replies

All compensation needs to be taxed, not just income. Total compensation of CEOs is increased massively by being given stock or assets that aren't taxed upon delivery.

Comment by Baronello at 02/02/2025 at 10:44 UTC

2 upvotes, 1 direct replies

it’s more efficient to just impose higher income taxes

Here we delve into the fascinating world of accounting and buy a sofa for the firm, voila.