This is ragebait content from democrats. 25 percent minimum income tax on anyone worth at least $100 million is still grossly unfair. 50 billion in a year is a pittance for the owning class. Removing loopholes and including expenditure as a factor is needed to fix income tax.
It’s a bit better than the 8% they currently pay. Some of them pay nothing. I think we should go back to the Eisenhower era 90% marginal rates, but baby steps, I guess?
This is ragebait content from democrats. 25 percent minimum income tax on anyone worth at least $100 million is still grossly unfair. 50 billion in a year is a pittance for the owning class. Removing loopholes and including expenditure as a factor is needed to fix income tax.
It’s a bit better than the 8% they currently pay. Some of them pay nothing. I think we should go back to the Eisenhower era 90% marginal rates, but baby steps, I guess?
This is the right approach.