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💢 Public backing for taxes falls when unfairness exposed
#taxes

Public backing for taxes falls when unfairness exposed
Public support for broad-based taxation risks eroding when voters learn that the super-rich pay lower tax rates than ordinary citizens, according to new research co-authored by King's academics.

Nothing brings tech titans together like taxes.
This week, as the specter of a California “#billionaire #tax” ballot initiative gained momentum,
the moguls grew furious.
The outrage reached a fever pitch on X,
where the following scenarios were predicted, should the initiative be approved in Nov…

Billionaire tax FAQ
Everything you need to know about the Billionaire Tax

Rarely does the mere filing of a #ballot #initiative scramble politics in California.
But the "#Billionaires #Tax" proposal is s…

RE: #Climate change mitigation is cheaper than #adaptation, but we need both 👇. It's rarely 'either/or' in this space, almost always 'both/and'. Which begs the question of how to pay.
After ending #fossilfuel subsidies (innovations like any UK #tax on airline fuel🤯) I come back to #CarbonCurrency as an idea that could work at the required, gigantic scale. HT Delton Chen, Kim Stanley Robinson etc.
#solarpunk #CarbonCoin