When we taxed high end real estate sales in SF we were told the sky would fall. It didn’t. Here are 3 other taxes rich people would barely notice: increase capital gains tax, create stock transaction tax, lower the ever-growing estate tax exemption (now $11.5m) Tax. The. Rich.
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You realize that services ran just fine for most of the latter half of the 20th century before we had runaway income inequality, right? The point is to strengthen the middle class as much as possible, so you’re not dependent on the rich.
