this post was submitted on 03 Oct 2025
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Excellent point. The miles long US tax code leaks taxation on the wealthy like a sieve, by design, such that many of our billionaires pay less than average working class citizens. It’s grotesque, and even now they’re pushing to strip healthcare from millions to pay even less.
I have heard some dems a/b testing recently on ideas of taxing wealth not work. I really like that approach in theory, hope it sticks and we can finally start narrowing the insane and utterly untenable wealth gap.