[SkyPilot]

This is why the conversation about “universal basic income” puzzles me; I assume we have it already.

Agree with everything in your post.

If you are super rich, you pay high taxes, but there are also many ways to shelter and avoid many taxes (still though, the top % of earners pay the majority of the tax bill). If you are "poor" (and we have the richest "poor" people in the world), then you pay nothing or almost nothing.

If you are in the middle, you are squeezed like an lemon.

I think the "universal basic income", from what I have read, is now becoming a global concept for the international socialists.

[kearnyirish2]

Thanks.

The alternative minimum tax is designed to ensure the wealthy pay up, and they do; when people see in the news that a COMPANY paid little or no taxes, they assume the billionaire owner didn’t either - and that’s simply untrue. They’re taxed on their incomes, their properties, their purchases - but the media doesn’t want to clarify that - the myth is more useful politically.

It is also unreported that the costs of doing business (including payrolls, emnployee benefits, etc.) reduce a company’s taxable income; instead the illusion is maintained that they are simply sending the income to the owner while he pays $0...