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Of course we can tax billionaires

19 pointsby ssklash7 months ago

4 comments

slwvx7 months ago
I support a wealth tax. I think a good starting point is a 1% tax on wealth above $10M and 3% on wealth above $100M.<p>I also support a more progressive income tax, say the tax rates of 1945, which had lower taxes on the lowest income people (even with FICA&#x2F;SS taxes), and higher taxes for the highest incomes.<p>See the link below if you want to see what tax structures have been like in the past.<p><a href="https:&#x2F;&#x2F;taxjusticenow.org&#x2F;" rel="nofollow">https:&#x2F;&#x2F;taxjusticenow.org&#x2F;</a>
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hnburnsy7 months ago
That added nothing new or practical to the debate. Would like to see realistic discussions instead of more complaints that the rich have power.
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shams937 months ago
Having had my ability to pay tax destroyed by the newest outsourcing. If we eliminate everyone&#x27;s profession the billionaires would be the only people who even have an income of any kind to tax.
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hcfman7 months ago
It’s a good idea. We should ask Trump for this next when he gets in.