this post was submitted on 09 Oct 2021
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[โ€“] jazzfes@lemmy.ml 1 points 3 years ago

To get out of poverty, stop drowning people in taxes, allow a wide contractual freedom

How do you see this working to stop poverty? E.g. lowering taxes generally has reduced funding for public services needed by the poor. Contractual freedom works generally better for those who are in a better position to negotiate, i.e. those who are not poor.

If you have a bill to pay today, kids to feed today, to eat yourself today and are without cash, contractual freedom would drive you to slavery in a minute, wouldn't it?

eliminating millionaire subsidies.

I agree with this as a measure, however I can't see how it would level the playing field, given that the rich have been subsidised for decades. To level the playing field, you would need a strong inheritance tax for the top 1%, as well as mechanisms to reverse the re-distrubution to the top that we had going for 40 years.