this post was submitted on 18 Aug 2023
24 points (96.2% liked)
Toronto
1621 readers
4 users here now
Toronto, Ontario, Canada
Friends:
Support lemmy.ca
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
You're suggesting a municipal income tax? I doubt that would come to fruition. Again, there is a rebate for those in lower incomes, which I believe addresses your initial concern.
Not sure how you got to that conclusion. I said wealth, not income. Wealth inequality is not the same as income inequality and taxing incoming doesn't fix wealth inequality. Neither does taxing consumption, as most people tend to horde their wealth in some sort of asset.