There's a simple compromise. Tax billionaires unearned income at 80% and their earned income at 40%.

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2024-10-28 01:42

There's a simple compromise. Tax billionaires unearned income at 80% and their earned income at 40%.

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FinFixation
finfixation

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發文後	用戶	內容
3 小時內	Kohji Kawa kohjik9	Or just have a fiscally responsible Gov that doesn’t fund wars
4 小時內	John los_angeles_john	Billionaires don't have income. They have assets.
4 小時內	Clinton Knapp clintk79	In order for them to pay that tax, they'll have to liquidate assets. Since most of their wealth is tied up in stocks, you'd literally crash the market and rob your parents retirement.
9 小時內	Scott Salvatore scotts_artillery	Who do you think created your job
10 小時內	Kimberley Robinson 2002bubbaley	I understand the need for some taxes for things like fire and police. Raising taxes so Congress can give themselves a raise? Nope. Billionaires should not have to pay more taxes than others. The only way to make taxes truly fair is to do away with all the loopholes and have a flat tax. Say, 10% of everyone’s yearly income.
10 小時內	stoicdominion	Dumb
11 小時內	Sakina sakina_rafati	How about we tax your income at 80% you bloody communist
12 小時內	ʟᴇɪɢʜᴛᴏɴ ʙᴜᴛʟᴇʀ digitalleighton	This has to bait right? Right???
12 小時內	Shitfaced Sober shitfacedsober	A $1b wealth cap would be much more logical. Create new billionaires and millionaires beneath the original founders and more spending across the board, more sales tax, income tax and you’ll see trickle down work. The incentive to create/innovate wouldn’t leave as they’d be inclined to keep their wealth at $1b.
12 小時內	Bob Clarke snowtn	Here’s a wild spin - try reducing the need for increasing taxes in the first place. Stop the endless spending eg school loan forgiveness; giving $$ to illegal immigrants to include Medicare and housing. Evaluate government efficiencies and improve them instead of creating a team to study the impact of change which will take another 10 years.