The ‘tax question’ for socialists is a confused one, in terms of the fundamental economic question: ownership, tax doesn’t effect that relation. The question is less ‘how much are the rich/corporations taxed’ but rather ‘how much do they own’ (land/assets/industry).
The billionaires and largest corporations have more wealth than you could ever tax away, their actual wealth is incredibly hard to tax—most is out of range, hidden, ‘juggled’. Taxation isn’t a remedy to the fundamental problem of the capitalist economy.
If a country owns the majority of its economy, if it has a large raft of companies and revenue streams that are state owned, then it doesn’t need a massive tax regime and isn’t always left chasing multinational corporations to get what it is owed.
In fact, if we owned the vast majority of our economy, then it is easy to envision a situation where taxation on working class people would not be necessary at all.
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