Stopped at "For decades, the wealthiest Washingtonians have gotten out of paying what they truly owe in state and local taxes."
Taxes as punishment for having wealth.
Were laws broken? Doubt it, at least not at scale. Leave people with money alone!
Taxes as punishment for having wealth.
Were laws broken? Doubt it, at least not at scale. Leave people with money alone!
Just because a law was not broken does not mean that the system was just. Surely everyone here can agree that following the law does not equal goodness/righteousness/justice/whatever word you prefer to use. The tax laws in Washington were particularly regressive, as WA state has no income tax. With no income tax, WA state has historically had to use other taxes to pay for things. The result is that lower income workers feel a greater burden than higher income workers. Which is to say nothing of the very wealthiest individuals who may technically make little to no income at all, but are very clearly wealthy.
This new tax law brings in money by taxing profits generated from investments. Why is that any more unfair than other tax? Like, sure, if you're a libertarian that hates all taxes, then whatever. But what makes this tax worse, in your eyes, than any other tax?