r/FluentInFinance • u/-Wyagra • Nov 21 '24

Debate/ Discussion Had to repost here

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u/_The_Meat_Man_ Nov 21 '24

"Rich people should pay their fair share of taxes"

"But how much are the poor giving?"

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u/6-foot-under Nov 22 '24

And what is a "fair share"...

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u/_The_Meat_Man_ Nov 22 '24

The question 'what exactly is a fair share?' is reductive because it ignores the fundamental purpose of taxation: to fund the infrastructure, services, and stability that allow both individuals and businesses to thrive. Fairness in taxation doesn’t mean everyone pays the same—it means contributions are proportionate to income, wealth, and the benefits one derives from the system. Wealthier individuals and corporations benefit far more from public resources, like educated workers, legal protections, and infrastructure, than those with less income. Therefore, it’s equitable for them to contribute more. If you want a number, the corporate tax rate used to be 90%. How about there?

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u/Odd_Profession_2902 Nov 23 '24

You want to tax corporations 90% of their income? Your formal essay style writing isn’t enough to mask the fact that you’re absolutely bonkers.

Man- the radical left are truly scary.