Comment on "Yeah, but what if we used AI?"

• qwerty@discuss.tchncs.de ⁨6⁩ ⁨months⁩ ago

  If you tax the rich more they’ll increase the prices to offset the cost and you’ll end up paying $20 for bread to cover it.

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  • FlyingSquid@lemmy.world ⁨6⁩ ⁨months⁩ ago

    Weird. That hasn’t happened in Massachusetts after they passed the wealth tax. They also didn’t all move away. Both were predicted.

    Also, price gouging doesn’t have to be legal. In fact, it should be investigated and prosecuted every single time.

    Once again, you’re talking about an unfair and poorly-applied system.

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    • qwerty@discuss.tchncs.de ⁨6⁩ ⁨months⁩ ago

      It’s not price gouging but a gradual increase.

      Let’s say you are a rich guy who works in a bread oven factory who makes $10000 a month, then a new tax gets introduced and now you are making $8000. You can accept it and take a hit to your standard of living or go to your boss and ask for a raise so you and your colleagues ask for a raise, your boss used to make $100000 a month now he makes $70000 because of the new tax and increased cost. He can accept it and take a hit to his standard of living or increase the prices, so he increases the prices. Now in some bakery one of the bread ovens breaks and needs to be replaced. Because the prices of bread ovens increased the bakery has to charge more for the bread that it’s making to cover the costs. Because the prices of bread increased every customer of the bakery goes to their boss and asks for a raise or increases the prices in their business and so on and so on…

      That’s how the tax gets pushed onto the consumer with a side of inflation.

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      • FlyingSquid@lemmy.world ⁨6⁩ ⁨months⁩ ago

        Again, weird how this didn’t happen in an actual real-world example of a wealth tax.

        You’re basically saying your hypothetical trumps the real world.

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