3 ms·
Please explain why taxing people beyond $10M at 100% will result in better social programs? Your theory can also be countered with another theory: people makin
by j7ake 3y ago
Please explain why taxing people beyond $10M at 100% will result in better social programs?
Your theory can also be countered with another theory: people making a certain amount of money will simply leave the country, leaving you with less tax revenue than the current system.
Also, how does one tax unrealized stock market gains (which is what most wealthy people's wealth are)? I have not seen that policy anywhere and I imagine it would be very difficult to implement.