Bob Wyman for Congress (NY CD-10) Retweeted Robert Reich
It seems to me that much of the support for a wealth tax is the result of people giving up on doing the right thing, which is to increase the top marginal tax rates and ensure progressive taxation at the high end by creating many more high end tax brackets.https://twitter.com/RBReich/status/1275084950593630208 …
Bob Wyman for Congress (NY CD-10) added,
Robert ReichVerified account @RBReich
Billionaire wealth has soared $584 billion since the start of the pandemic, while $6.5 trillion in household wealth has disappeared.
It's mainly because their companies have gained more monopoly power as consumers have fewer alternatives.
We need a wealth tax on billionaires. pic.twitter.com/nMYMbGqh8S
8:47 AM - 22 Jun 2020
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