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830 points todsacerdoti | 1 comments | | HN request time: 0.204s | source
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mensetmanusman ◴[] No.25136022[source]
Wouldn’t it be funny if the federal government released marketing like this exactly talking about progressive taxes aimed at Apple as it got larger and larger.

“If you are only a $1M company, we will tax 15%, when you pass the $1B threshold, your tax will increase to 30%, and when you pass the $1T threshold, your tax will increase to 60%”

Isn’t the goal of progressive taxes to introduce a kind of ‘you won at life, there is no need for it to be easy to go higher’ mantra?

replies(1): >>25136114 #
1. sokoloff ◴[] No.25136114[source]
I support progressive taxation but not for that stated reason. I see it more as “we need a certain amount to pay for necessary government programs and everyone should ideally contribute to that. Because some can’t contribute any and some can’t contribute much, we are forced to make the contributions progressive.” (Marginal utility of money also plays a related factor, but that effect is smaller in magnitude in my mind [or is the exact factor I describe above if you squint a little bit].)

I make no moral judgment that we should tax someone more highly in order to make things progressively more difficult for them.