While working families pay every euro in taxes, billionaires accumulate record fortunes with minimal tax burdens. This news reveals the contradiction of the tax system: it is not progressive, but regressive. The solution is not complex: a direct 5% tax on large fortunes, allocated to healthcare and education, would relieve pressure on the middle class and reduce structural inequality.
Tax engineering as evasion technology 💻
Behind this inequality lies financial technology: digital tax havens, shell companies on blockchain, and tax optimization algorithms designed by specialized lawyers. These tools allow the ultra-rich to move capital without borders while salaried workers have their wages withheld at source. If there is technical capacity to evade, there is also capacity to track and tax those assets with a digital control system.
The drama of paying taxes with the sweat of your brow 😅
It is curious: a minimum wage earner has their income tax deducted before they can spend their salary, but a billionaire can sleep peacefully while their fortune grows in tax havens. If the 5% proposal advances, perhaps we will see some tycoon complaining that they cannot afford a third yacht. Poor things, with how expensive caviar is. Meanwhile, public hospitals await funds.