this post was submitted on 11 Jun 2025
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The hidden time bomb in the tax code that's fueling mass tech layoffs (qz.com)
submitted 4 days ago by MuskyMelon@lemmy.world to c/technology@lemmy.world
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[–] 4am@lemm.ee 5 points 3 days ago (1 children)

I don’t have the article but basically when the rich aren’t taxed proportionally, their wealth and therefore power grows, while the lower classes get squeezed harder as they must give up a greater portion of their wealth in order to fund the obligations toward said infrastructure that keeps the whole machine running.

When used inappropriately, they are one piece of the larger system that funnels all the wealth upwards at the expense of everyone and everything else.

[–] Maeve@kbin.earth 3 points 3 days ago

Sure, and that's extremely important context that should be included, because

taxes are a way - and always have been - to redistribute from the poor to the rich. Sounds about right.

Comes off sounding ancap or USA style libertarian.