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Jared 🎩
@javabu.eth
The issue with flat taxes is that, while they apply the same rate to all income levels, their impact is often regressive. Lower-income individuals end up paying a larger share of their disposable income compared to higher-income individuals. https://x.com/thecavedaddy/status/1900341472378896440?s=46
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MattwithouttheT 🎩
@mathew.eth
But also, the wealthy *should* have to pay more in raw tax dollars, as they gain disproportionately from the stability, infrastructure, and economic environment those taxes sustain. Their ability to generate wealth is deeply intertwined with publicly funded systems. Companies like Amazon would not be where they are today without publicly funded infrastructure, a workforce who was educated in public schools, social programs supporting their employees whom they pay below a living wage, etc. They have exploited the system for personal gain, and they should pay. Trickle down economics is a fallacy.
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Simplified Privacy VPN
@simpleprivacy
The fallacy is collectivism, and your entire understanding of economics is based on fiat banking. Crypto, such as Ethereum, solves this, but apparently you are not even aware of the purpose
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MattwithouttheT 🎩
@mathew.eth
Crypto has its merits, but it doesn’t replace the need for public infrastructure or social systems - both of which wealthy individuals and corporations still rely on to thrive. Even Ethereum developers depend on stable governments, functioning internet grids, and educated talent — all funded by taxes. Wealth isn’t created in a vacuum; it’s built on publicly supported foundations. Pretending crypto alone eliminates the need for collective investment is just ignoring reality.
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Simplified Privacy VPN
@simpleprivacy
Thanks for your respectful reply however I obviously disagree. The more powerful the government becomes, the more corrupt. Ethereum developers do NOT need stable governments, the whole point of all crypto smart contracts is we are governing ourselves. Internet grids can be paid for by the people who produce, not through violent theft.
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