this post was submitted on 24 May 2026
1647 points (99.2% liked)
Work Reform
16632 readers
194 users here now
A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yes, if no special cases are welritten into the law. Though there would be no way to outpace the tax as your wealth is being taxed not the money being added to the wealth.
Retirement accounts aren't really a great example because they're already supposed to be tax exempt or tax delayed. However the principle is the same. I just described what would happen to a emergency savings fund with a 20% wealth tax 8on another comment
Now, in reality no sane politician would put a blanket rule in. Instead it would be anything over x amount of money. While that may appeal to populism, it is still double taxation and an injustice.
A more just effect can be attained through better means, like actually enforcing progressive tax laws that take more taxes as the income gets progressively higher.
Here, progressive is not related to the political movement.