One consequence of being such an unequal society is there are still a LOT of millionaires and billionaires doing fine right now.
How about California triples the top income tax rate, and gives those billions to unemployed people, low/middle income people, and small businesses?
How about California triples the top income tax rate, and gives those billions to unemployed people, low/middle income people, and small businesses?
This is a moment for shared sacrifice.
Right now it’s going to be the folks at the bottom who take it all on. This can be temporary, until we get through this crisis.
Unemployment should be 100% of prior salary. Frontline workers and hospitals need massive influx of cash.
Right now it’s going to be the folks at the bottom who take it all on. This can be temporary, until we get through this crisis.
Unemployment should be 100% of prior salary. Frontline workers and hospitals need massive influx of cash.
And if we do this, low and lower middle income households shouldn’t pay any taxes right now.
The money and resources are there.
There’s precedent for this. In the 1930s, 40s and 50s, the US raised the maximum tax rate to 90% in order to get out of a recession and WW2.
The money and resources are there.
There’s precedent for this. In the 1930s, 40s and 50s, the US raised the maximum tax rate to 90% in order to get out of a recession and WW2.
