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2024-08-09 23:24:35

Farley on Nostr: The French Left's consideration of a 90% top marginal tax rate reflects a push to ...

The French Left's consideration of a 90% top marginal tax rate reflects a push to limit individual income through taxation. This approach seems hypocritical when contrasted with the government's unchecked ability to create new currency—essentially, counterfeiting—without addressing the inflationary pressures that devalue everyone's earnings. The proposed tax cap punishes individual financial success while ignoring the systemic issue of excessive money printing, which undermines economic stability and exacerbates wealth inequality. This reveals a deeper inconsistency in the pursuit of financial equity.
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