jeffw@lemmy.worldM to News@lemmy.world · 30 天前'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Taxwww.commondreams.orgexternal-linkmessage-square96fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-link'Let's Go!' Top Economist Applauds as Harris Signals Support for Billionaires Taxwww.commondreams.orgjeffw@lemmy.worldM to News@lemmy.world · 30 天前message-square96fedilink
minus-squareECB@feddit.orglinkfedilinkarrow-up0·28 天前But please based on wealth rather than income. Rich people don’t become rich from income.
minus-squarejorp@lemmy.worldlinkfedilinkarrow-up0·28 天前I support a wealth tax as well, but even taxing income aggressively is a good start especially if it includes higher capital gains taxes. I’m not super familiar with US tax law, but in Canada benefits like stock are taxed as income when granted. This would still be great.
minus-squarebreetai@lemmy.worldlinkfedilinkarrow-up0·28 天前Wealth taxes are unconstitutional in the United States. It would require an amendment to change that. Capital gains should just be taxed an ordinary income. That would solve a lot of issues such as Medicare, social security, etc.
minus-squareECB@feddit.orglinkfedilinkarrow-up0·28 天前Whether they are constitutional seems to be a fairly open source of debate currently.
But please based on wealth rather than income.
Rich people don’t become rich from income.
I support a wealth tax as well, but even taxing income aggressively is a good start especially if it includes higher capital gains taxes.
I’m not super familiar with US tax law, but in Canada benefits like stock are taxed as income when granted. This would still be great.
Wealth taxes are unconstitutional in the United States. It would require an amendment to change that.
Capital gains should just be taxed an ordinary income. That would solve a lot of issues such as Medicare, social security, etc.
Whether they are constitutional seems to be a fairly open source of debate currently.