this post was submitted on 28 Jul 2023
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Billionaires have zero income, and they find other ways to not pay taxes. Some even "move" to Switzerland, and only stay there enough to not be forcibly moved out of Switzerland and back here.
They still use our services, though. Roads, trains,, ferriesz airports etc
And it should be that way but some people want to change that because they're selfish. Most billionaires still pay around 1% tax which is way more money than your average person paying 50%. Also it depends on the place but tax heavens like the islands in the Caribbean don't really have public infrastructure ( since ther's no tax) so it's perfectly fair. And if they visit or do business in a high tax country they're still paying sales tax or inderectly contributing to income tax through creating more/better job opportunities