After WWII, the richest faced a 91% tax rate. A one-time 91% tax on billionaires' pandemic wealth gains would raise enough to cancel all student debt and leave the average billionaire $230 million richer than before the pandemic. Instead they pay the lowest tax rate in the U.S.
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Slip in vague yet specific language like "return the tax rate to that of 1954 adjusted for inflation"
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The year rationing ended in Britain but we didn't have the need for food banks.
Keskustelun loppu
Uusi keskustelu -
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and that is all deductions....
Kiitos. Käytämme tätä aikajanasi parantamiseen. KumoaKumoa
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they need to stop the deduction above a reasonable level
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Agreed, but again the issue is that the billionaires own both political parties and therefore the entire process. That enables them to stop any legislation that will tax them.
Keskustelun loppu
Uusi keskustelu -
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We have to learn to decouple the "taxing" from the "spending". They arent congruent when dealing with a currency issuer. One is injecting the $$. One is destroying the $$. Only one can happen first. Billionaires need to be taxed but we need to spend right NOW!
#LEARNMMT FFS
Uusi keskustelu -
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