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Buffet/Gates/Bloomberg/Soros/Cuban have been saying for years the rich need to pay more taxes. Propose a tax increase that actually hits the super-rich and the
by vburg 5y ago
Buffet/Gates/Bloomberg/Soros/Cuban have been saying for years the rich need to pay more taxes. Propose a tax increase that actually hits the super-rich and the screaming begins. Guess all along they meant the "other rich", anyone making 200k.
- hedora 5y agoIn the Twitter thread, Sweeney proposes a progressive capital gains tax maxing out at 75%. It would hit him personally, but still allow him to run his company. He’s not complaining about the magnitude of the tax. He’s complaining about the mechanism.
- wolverine876 5y agoHe's 'proposing' something he knows is politically impossible. I predict he will find a way to run the company and make billions of dollars.
- gok 5y agoNo, it would never hit him in a meaningful way. He has no intention of ever realizing most of his capital gains.
- souplesse 5y agoI found quotes from Mark Cuban, but I’m not seeing any comments on this proposal from Buffett/Gates/Bloomberg/Soros. Can you share your sources?