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On taxes this will forever be an evolving discussion. Hopefully with good policies over the next few decades we can even out some of the income and wealth dispa
by jaltekruse 6y ago
On taxes this will forever be an evolving discussion. Hopefully with good policies over the next few decades we can even out some of the income and wealth disparities and need a smaller welfare state. When that happens I'm all for tax cuts.
But at this point the capital gains rate is absolutely in need of change. Taxing the rich is really politically popular, across the political spectrum. If someone has to pay %39 on a million dollars of earned income, the "job creators" making billions can pay something closer to that on their income too.
- dnautics 6y agoWell the whole taxation thing, IMO is insane. There was a year when I made 30k and paid a higher proportion of my income to taxes than Bernie Sanders. Anyways if it's income disparity you're looking to fix, taxing the rich isn't going to help. You need to stop stealing from the poor, which is what the government does via policies like QE. Taxing the rich is linear, the QE is compounding damage.