You are right, but if they crafted the right bill, I think we could tax the ultra rich, without affecting the asset rich widow, or the moderately wealthy. Give

You are right, but if they crafted the right bill, I think we could tax the ultra rich, without affecting the asset rich widow, or the moderately wealthy. Give everyone one big tax day on a house. The family that bought a ranch style house years ago is allowed 1 huge tax holiday. That married $500k deduction is a joke, and needs to be increased. So, the widow living in the ranch style house should be exempt from taxes, say up to 3M, if she decides to move. With that money, she could move anywhere, and not worry about property taxes too? I know you guys don't like prop 13. (Only about 4-5 counties in CA that will accept a recriprovial property tax transfer. Keep that in mind if older, and looking to move.) Let's face it, most Americans will only see one big pay day over an asset, and it's usually the family home. My point is only allow the tax holiday 1 time, and it would be for individuals whom make less than $500k/yr. Don't allow the tax dodge to go on forever, and abused by every ultra rich guy forever. Let Elisabeth Warren right the bill, and I would bet the lucky middle class 1 home asset person would not be affected by a wealth tax? Warren is wealthy. She is not ultrarich. She knows the difference.