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this post was submitted on 26 Jul 2023
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Showerthoughts
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A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted, clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts: 1
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Take another shower. Taxes aren't used to fix inequality. They're used to fund infrastructure and services that we all need. They're also used sometimes to redistribute income, but the idea isn't to solve inequality. The idea is to get some income, in one form or another, to people who cannot or should not work, like the sick, children, the elderly, and anyone else excluded from the workforce. This non-working population needs income as much as the working population does and it doesn't make sense to force them to get it in inefficient and harmful ways. Taxation to solve inequality is a myth that isn't happening.
Stuff like wealth tax is being sold as a way tomfix inequality
Which non-executive mundane job worker is paying a wealth tax?
Where? I'm not a fan of her, but Elizabeth Warren's wealth tax proposal is just a way to capture some more revenue (to do the things I mentioned) on a more progressive basis. There aren't really any claims here about fixing inequality.