favoredponcho@lemmy.zipdeleted by creator to Progressive Politics@lemmy.world · 23 days agoRaise taxes on all 930 billionaires in the United Statesfiles.catbox.moevideomessage-square77linkfedilinkarrow-up1333arrow-down11
arrow-up1332arrow-down1videoRaise taxes on all 930 billionaires in the United Statesfiles.catbox.moefavoredponcho@lemmy.zipdeleted by creator to Progressive Politics@lemmy.world · 23 days agomessage-square77linkfedilink
minus-squareYoureHotCupCake@lemmy.worldlinkfedilinkarrow-up1·21 days agoTaxing 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.
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.