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Billionaires shouldn't exist.
She only rich because her daddy was in a position of power and money to get her in the spotlight. She shouldn't be a billionaire and we should be taxing them out of existence. Every billionaire is a policy failure.
its easy if you tax.
income > 1ml should be 95% tax rate or higher. period.
tax every stock trade. remove religious exemption.
there are ways, but the people in charge are reaping the most benefits from the broken system
That is really close to the tax rate we used to reduce inequality coming out of the Great Depression. In today’s dollars the threshold would lie in a few million, not one. And I believe it was 94% IIRC, but over 90. Of course nobody paid that in practice thanks to deductions, but it worked.
Correct. Add another one to the buffet.
Agreed! Modern dragons on mountains of impossibly spendable gold!
Wouldn’t it be cool if Tay flips the script and really become a “good” rich person! I would love to see that shift and that influence spread. Alas, likey just dreaming but shit, would be cool.