1331
The rich convinced us that taxing them is too complicated but everyday people can be taxed pretty easily
(discuss.online)
this post was submitted on 24 May 2026
1331 points (99.1% liked)
Work Reform
16397 readers
1536 users here now
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That pay cap would hit at about $1.5m. I think that's okay. I did some napkin math and eyeballed it to graph the proposed tax rates vs 2018's marginal and effective (because that's what was available): https://lemmy.zip/pictrs/image/61835557-1968-4d28-be95-493de6de6900.avif
It's not the worst idea I've heard, but I'd want to scale by the number of taxpayers in each bracket to find out how much tax revenue we'd win or lose. A real congressional study would also consider what is considered "income" for tax purposes, and whether this would cause anyone to get creative with their compensation to avoid paying more tax (well, even more than they already do).