What is progressive taxation?
It concentrates the burden on those whose wealth comes from rents, and minimizes the burden on those who labor.
Rents from assets are the same as Etherium managers siphoning off value just because they own. Bitcoin is a progressive system that does not reward anyone unless they put in work. The US tax system should also be.
Aurelius
npub169…v2thg
2023-07-20 14:35:10
Author Public Key
npub169yu4d6xl8a6d4xvfyhstjdxr0cc7qtfq5pch5kwv4k2wkapa3pq8v2thgPublished at
2023-07-20 14:35:10Event JSON
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"content": "What is progressive taxation?\n\nIt concentrates the burden on those whose wealth comes from rents, and minimizes the burden on those who labor. \n\nRents from assets are the same as Etherium managers siphoning off value just because they own. Bitcoin is a progressive system that does not reward anyone unless they put in work. The US tax system should also be.",
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