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I think America could start by simplifying the tax code so the richest Americans/American corporations still pay taxes. Then America could stop spending so muc
by sesuximo 6y ago
I think America could start by simplifying the tax code so the richest Americans/American corporations still pay taxes.
Then America could stop spending so much on subsidies and global policing.
Once America has done this (this == approach a budget more similar to the rest of the developed world), if it still needs to, then I think a simple wealth tax makes sense.
I don’t see the argument for taxing inheritance which is already fraught with loopholes and complicated edge cases.