There’s always gonna be these people knowingly breaking the law if they can easily afford the fines. Do you think she would keep driving without her seat belt and smoking wherever she pleases if she was fined say 10% of her yearly income every time she was caught?
Can someone explain to me why capital gains taxes are lower than income taxes?
Why is “playing the market with your surplus money” charged less than “working your ass off, day in and day out”?
We have no shortage of capital in this country. The financial sector is twice the size of our manufacturing sector. That is ludicrous.