Where I live (NC, USA) there was a big issue where commercial property owners have been able to reduce their property tax assessments, not on the basis of 'comparable sales' (like everyone else), but on the basis of the income derived from the property.
I can't say how widespread this practice actually is, but it's not unheard of. Apparently property tax rules are going to vary widely by jurisdiction, which country / which state or province / etc.
As someone who has lived in majority-black towns in the south most of my life, those words are simply not used in the way you are using them. Blacks in the south are universally considered a minority, even in those geographies where they are actually the demographic majority.
Considering that Taiwan is already independent and would need to be persuaded to join the PRC, these kinds of threats seem counterproductive to China's goals of "peaceful reunification".
the reason your figures aren't comparable is because the U.S. figures being used :
a. Are not incomes for just a single-wage earner, they include the combined income for a household (of 2.53 people on average)
b. Are referred to in pre-tax figures, not post-tax.
c. Are not just wage income, but include non-wage income like dividends, capital gains, small business income, fed/state/local government transfers, etc.
Yes, you're reading this wrong. Referring to tax obligations as "Slavery" is disconnected from reality, and pretty insulting to all the Americans for whom real, actual American slavery is still impactful.
Modern societies are not capital constrained, so capital formation is superfluous. The world is awash in excess capital among the rich, so providing government subsidies to facilitate further capital formation among the rich will not improve living standards.
What you're describing is the failed mentality of the early 1980's : the idea that the wealthy are "better" at capital allocation than everyone else. What it leads to is not some utopia, but simply bigger yachts, and more expensive sports teams, and more expensive land, while the human capital of the poor goes neglected and untapped.
What does the most good for living standards is the government investing in humans and households without capital. More broadly distributed capital, in other words.
Where I live (NC, USA) there was a big issue where commercial property owners have been able to reduce their property tax assessments, not on the basis of 'comparable sales' (like everyone else), but on the basis of the income derived from the property.
I can't say how widespread this practice actually is, but it's not unheard of. Apparently property tax rules are going to vary widely by jurisdiction, which country / which state or province / etc.