The problem is loopholes, but I’m not a tax lawyer, which is why I provi such a vague answer.
I think that ostentatious wealth is a sign you’re not doing your share to help the society that supports you, so the disgustingly rich shouldn’t exist. But I’m not opposed to a little inequality as reward for doing important work or going above and beyond, but what we have now is crazy.
I wouldn’t really say that California’s tax is especially progressive compared to taxes in the past, like the golden age of the USA. But even then, lobbyists have opened so many loopholes that it doesn’t even really matter what the tax rate is
The problem is loopholes, but I’m not a tax lawyer, which is why I provi such a vague answer.
I think that ostentatious wealth is a sign you’re not doing your share to help the society that supports you, so the disgustingly rich shouldn’t exist. But I’m not opposed to a little inequality as reward for doing important work or going above and beyond, but what we have now is crazy.
I wouldn’t really say that California’s tax is especially progressive compared to taxes in the past, like the golden age of the USA. But even then, lobbyists have opened so many loopholes that it doesn’t even really matter what the tax rate is