It’s time for a wealth tax in America.
Here’s how it works:
Here’s how it works:
Consider two people:
- An heir with $500 million worth of yachts and jewelry and art
- A public school teacher with no savings in the bank
They both bring home $50,000/year. And they both pay the same amount in federal taxes.
That’s a system that is rigged for the top.
- An heir with $500 million worth of yachts and jewelry and art
- A public school teacher with no savings in the bank
They both bring home $50,000/year. And they both pay the same amount in federal taxes.
That’s a system that is rigged for the top.
My plan: Just a two-cent #WealthTax for every dollar over $50 million in assets and a few more cents for every dollar of wealth over $1 billion. With that, with the wealthy starting to pay their fair share, we can help working families recover and help improve their lives.
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