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submitted 9 months ago by Zagorath@aussie.zone to c/australia@aussie.zone
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[-] assassinatedbyCIA@lemmy.world 1 points 9 months ago

The rich demand it because they save money paying for their essential over paying tax. Basically the cost of essentials do not scale at the same rate as rises in income or wealth. Therefore the rich pay proportionally less of their income on essentials than the poor. Therefore any cost at the point of service for essentials is effectively a regressive tax. It’s why the rich love things like GST as well.

[-] jonne@infosec.pub 1 points 9 months ago

The rich also run the companies that get all those sweetheart contracts and subsidies. They pretend they're libertarians, but pretty much every billionaire made their fortune because they got a real nice government contract, usually something involving a monopoly that should've always been a public resource to begin with.

this post was submitted on 31 Jan 2024
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