2026-01-04 20:18 UTC
The income tax structure is set up to incentize businesses to create wealth and to remove the ability of workers to create wealth.
We incentivize business in the tax structure by allowing deduction of costs of materials, costs of doing business, costs of paying employees, and depreciation of working assets.
We don’t incentivize workers to work by allowing the deduction of the costs of materials to make us able to work (food, clothing, water, healthcare), and costs of working (transportation, childcare, housing).
We exempt businesses from paying for roads that customers use to get to their businesses (most do not pay sales tax or property tax), paying for an emergency support network, paying for schools to educate workers, and pay for disposal of trash their business created (all stemming from not paying sales tax nor property tax).
#taxation #wealthGap
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