Lastly, more taxes means more government spending. More government spending is directly correlated to higher costs of goods and services.
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Some extremely rich people like multi millionaires and billionaires do not collect income. They have investments. And you can not tax unrealized gains on those investments. If there was a tax on unrealized gains, then our Economy would collapse within a month followed by the world economy
feb 7, 2025, 2:54 am • 0 0 • view