4 ms·
> If capitalists evade taxes, we will claw back their profits But how? The only plans I've seen from Sanders, Warren, etc. are wealth taxes and specific taxes
by tdfx 7y ago
> If capitalists evade taxes, we will claw back their profits
But how? The only plans I've seen from Sanders, Warren, etc. are wealth taxes and specific taxes on stock transactions. I think anyone who thinks those can be implemented successfully and people are not going to change their behavior to evade them is just dreaming. Yang proposed a VAT tax, which seems to be the only thing that's somewhat viable for preventing evasion. No matter how well-intentioned these plans are, they're not going to work if they can't be funded.
Disclaimer: I voted for Bernie in the 2016 primary. Based on his 2020 campaign, I would not do so again.