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Politics : Formerly About Advanced Micro Devices
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longz
To: Wharf Rat who wrote (1521361)2/10/2025 2:29:24 PM
From: maceng21 Recommendation  Read Replies (1) of 1570044
 
<< Yep; not just for Elmo, but for the homeless in encampments, hungry students, sick vets, and low-income wage earners who need daycare for their kids.>>

Understood. People will still have income either from work or from the government for whatever reason.

But it's how much tax they pay on that income from whatever source. The proposed system automatically makes the rich pay more. No escape unless they move their transactions overseas, and that can be monitored. The arithmetic is not that difficult.
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