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The salaries of Wikimedia executives are sparking an online debate about tech sector wages
(www.businessinsider.com)
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this post was submitted on 14 Dec 2023
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So?
The lack of people understanding this is what leads to poorly written laws.
They think that all we need is an income tax to tax the rich more.
So when laws are passed saying that they'll tax anyone making more than $1mil, people don't realize that it doesn't really do a whole lot.
I mean I think capital gains needs to be rolled into income tax too