LogFAQs > #927916946

history shows that these taxes inevitably find their way to the less wealthy as the budget grows and the billionaires find loopholes in the tax code; we are now paying several times what the wealthiest did before ww1, and that's just in terms of income tax

fact of the matter is, each piece of legislation added to the code adds to the complexity, until you reach a point (which we have) where there will be loopholes, even if it's not written by lobbyists and perfectly well-meaning

if you don't want billionaires, lower the regulatory and tax complexity serving as a barrier to entry to smaller/upstart competitors

i'd also consider arguing that companies leveraging walled garden strategies and exploiting ip law should be slapped with antitrust suits
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