2 ms·
I think that the effective tax rates for people should go up with income and assets. Once you have more than a million Dollars (hard money)[1,2] worth of assets
by mikewarot 3y ago
I think that the effective tax rates for people should go up with income and assets. Once you have more than a million Dollars (hard money)[1,2] worth of assets, your tax rate should be more than 50%.
*Note that in 2023 dollars, that's more than $10,000,000
[1] https://en.wikipedia.org/wiki/Morgan_dollar https://en.wikipedia.org/wiki/Morgan_dollar
[2] https://en.wikipedia.org/wiki/Eagle_(United_States_coin) https://en.wikipedia.org/wiki/Eagle_(United_States_coin)