148
Second Article in this week's Economist. The Economist is "Centre-Left" According to MBFC. (thelemmy.club)
submitted 6 months ago by to c/libjerk@anarchist.nexus
25 comments fedilink hide all child comments
 

https://archive.ph/20260225073357/https://www.economist.com/leaders/2026/02/19/dont-go-after-the-rich-to-fix-broken-budgets

Apparently poor people starving while rich people have 2 yachts is less morally wrong than 👻Taxing the Rich👻

you are viewing a single comment's thread
view the rest of the comments
[–] 3 points 6 months ago (2 children)

The solution to lobbying and citizens united isn’t tax changes - it’s transparency in political funding and the electorate giving a fuck. And, pretty obviously, if most of a governments tax income came from a few hundred individuals they’d have enormous power, even if you did fix the lobbying/citizens united problem- they could just leave and crash your income overnight

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
  • [–] 10 points 6 months ago

    if most of a governments tax income came from a few hundred individuals they’d have enormous power

    But, currently, those people already have enormous power ... and we're not even getting any money out of the deal.

  • permalink
  • fedilink
  • source
  • parent
  • [–] 8 points 6 months ago

    Yes... The solution to lobbying and citizen's united is to get rid of them... I was merely saying that was the locus of their power and that taking their money via civic means doesn't somehow give them power. Also, the flight of wealthy people narrative never pans out when tested.

  • permalink
  • fedilink
  • source
  • parent