this post was submitted on 11 Nov 2023
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Work Reform

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[–] DillyDaily@lemmy.world 11 points 10 months ago (1 children)

Percentages don't scale well into the billions, you will still need brackets.

A billionaire can give away 98% of their wealth and still comfortably be a multi millionare.

A full time cashier on the minimum wage can barely even survive on 100% of their wage. When it comes to living a healthy fulfilling life, If they contribute just 5% of their wage to tax they are sacrificing far more a billionaire paying 98% tax would be.

[–] stebo02@sopuli.xyz 1 points 10 months ago (1 children)

well then there should be a continuous way to make the percentage increase, like a sigmoid or so