Is more tax better?

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Current Events » Is more tax better?
CervusCanadensi
04/24/2024
04:29 PM
#1
Assuming it gets puts to good use
Umbreon
04/24/2024
04:30 PM
#2
On the rich, it is.
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ai123
04/24/2024
04:31 PM
#3
Depends on where the burden falls.
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stevo6452
04/24/2024
05:20 PM
#4
The most prosperous countrys in Europe are the ones with higher taxes, or so I read.
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Trumble
04/24/2024
05:21 PM
#5
It's more about how it's used tbh.
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#6
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runewalshPSiv
04/24/2024
05:24 PM
#7
Yes, if you are a billionaire. No, if you are not.
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#8
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Prismsblade
04/24/2024
05:31 PM
#9
Sometimes yes, sometimes not, but we have more of a spending problem then a tax problem tbh.
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Thanatos_the_Great
04/24/2024
06:51 PM
#10
Depends on the tax. Taxes that are disproportionately paid by the rich and incentivise economic activity rather than saving and rent-seeking (i.e. taxes on wealth, land, inheritance and high incomes) are good, as are taxes on things that cause harm (e.g. tobacco, alcohol, pollutants).
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emblem-man
04/24/2024
06:54 PM
#11
We need higher taxes on everyone, yes the rich and the middle class, in order to achieve the type of social welfare that people generally point of the Nordic countries

Asherlee10 posted...
The White House estimates that the 400 wealthiest American families paid an average federal individual income tax rate of just 8.2% between 2010-2018, much lower than the average American taxpayer.[5] This is due to the way the tax code treats income from wealth, such as unrealized capital gains, which often goes untaxed

To be fair, wealthy taxes and taxing unrealized capital gains seems like it'd be hard.
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Current Events » Is more tax better?