If you’re writing a novel, that might work, but most of us need a solution that can actually be implemented. Taxing capital gains is a solution that can be implemented.
Taxing capital gains wouldn’t do much since the rich don’t sell their stocks they just use them for collateral on loans. You need to tax them based on the current value of their stocks similar to property taxes.
Time to bring back the 90% tax bracket.
That was on income, accounting practices mean they have fuck all income. He’s right, go after the wealth.
How about we just get rid of them and take the wealth and distribute it that way? They’d do the same to us.
Fine by me.
If you’re writing a novel, that might work, but most of us need a solution that can actually be implemented. Taxing capital gains is a solution that can be implemented.
Taxing capital gains wouldn’t do much since the rich don’t sell their stocks they just use them for collateral on loans. You need to tax them based on the current value of their stocks similar to property taxes.
Bring back luxury taxes and inheritance taxes.
it was 35% after obama left, trump reduced it to 20% in his first term. we will never get back to even where obama’s taxes was.