• joshhsoj1902@lemmy.ca
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    30 days ago

    Do you have an example that uses real income? All those percentage are relative to something, and that something is the most important part.

    What province are we talking about and what salary are we talking about.

    To be honest though, this sounds like some pie in the sky libertarian point of view where they are suggesting multiple things that are repeatedly proved false. Some of which include:

    • trickle down economics, the idea that business will pass on additional profits to employees.
    • business will regulate themselves and ensure consumer safety.
    • business will happily provide the same infrastructure and services that we current fund through taxes for free or cheaper than it’s costs us right now to provide those services.

    Which at that point I think you’re argument is correct, if we stopped spending effectively around 40% of our income (thats on the high-end) on funding public services, then over 75% of our income would need to go towards paying to get those same services back.