World News

48099 readers

2215 users here now

A community for discussing events around the World

Rules:

Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world

Recommendations

How to spot Misinformation and Propaganda

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

Consider including the article’s mediabiasfactcheck.com/ link

founded 2 years ago

MODERATORS

NewsAutoMod@lemmy.world

jordanlund@lemmy.world

Tenthrow@lemmy.world

little_cow@lemmy.world

lemmyAtom@lemmy.world

515

Anti-Poverty Campaigners Cheer Spain-Brazil-South Africa Plan to Tax the Grotesquely Rich (www.commondreams.org)

submitted 2 days ago by return2ozma@lemmy.world to c/world@lemmy.world

17 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] driving_crooner@lemmy.eco.br 10 points 2 days ago (1 children)

They can't also move the assets that makes them rich. What's Amazon going to do? Close business in Spain to avoid the taxes??

[–] gandalf_der_12te@discuss.tchncs.de 3 points 1 day ago

I'm not contradicting you, just writing down some further notes:

There's 3 important types of taxes: wealth tax, income tax, product tax. Wealth tax is paid annually as a share of total net worth, while income tax is paid as a share of profit/revenue/wages. Product tax is a tax on consumable products such as food or luxury items.

I think the best thing would be to increase wealth tax, and decrease income and product tax.

The reason for this is: Wealth tax taxes wealth-hoarding, i.e. wealth that is stalling and not contributing to economic flow, i.e. production or re-distribution. Income and product tax inhibit the economy and slow it down, but don't actually prevent wealth hoarding: Even if a billionaire is faced with 50% income tax, it'd simply take them twice as long to accumulate the insane amount of wealth. Wealth tax counteracts that, by reducing the size of the pile of gold these billionaires sit on effectively.

That being said, there's 3 main types of wealth:

real estate (land, agricultural fields, houses, ...)
infrastructure & business (streets, vehicles, factories, shops)
abstract values, such as money, expensive paintings, gold, which have no direct inherent value and only possess value because of our communal perception of things.

Some of these things can be moved easily, such as money, while other things can basically not be moved at all, such as real estate & infrastructure. It makes sense to tax the things most that are hardest to move, i guess.