• Washedupcynic@lemmy.ca
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    7 hours ago

    If a rich person own a building where they are renting units to the average joe making the median wage, they pass the cost of that tax increase down to the renters; which makes it a regressive tax in a round about way.

    • BussyCat@lemmy.world
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      3 hours ago

      You can use that circular logic for all taxes. If a CEO pays more taxes they are just going to make up for it by raising prices or cutting employee wages

      • Washedupcynic@lemmy.ca
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        2 hours ago

        I think we should tax the fuck out of them. But they won’t stop trying to squeeze us was the point I guess I was really trying to make. It’s going to take more than taxes to fix this. I legit believe these fucking billionaires are mentally ill; like they have a hoarding illness, but instead of hoarding old newspapers and random shit, they hoard money. They need to be locked up and made to take some therapy that teaches them some fucking empathy.