• Overzeetop@beehaw.org
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    1 year ago

    countries that raise taxes on the rich

    That’s Europe, right? The countries with universal healthcare, reasonably maintained infrastructure, and generally high standards of living? I don’t know, I don’t think it would work in the US. Too much Freedom™ here to overcome.

    • frog 🐸@beehaw.org
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      1 year ago

      Even a lot of European countries don’t tax the wealthy as much as they could/should! The public services and infrastructure tend to be funded by a higher tax burden on the lower and middle classes, combined with borrowing (for example, France). And the UK is absolutely terrified that all the rich people would leave if they had to pay their fair share. Given their rentier capitalism contributes virtually nothing to productivity or public services, I think we should call their bluff.