And what would happen if we did?

  • AA5B@lemmy.world
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    13 hours ago

    There’s also the very important concept of a capital gains tax. Why does their income from stock sales get to be taxed at a special low rate, as if it weren’t income? That’s ridiculous

    We’d go a long way toward evening it out just by deciding

    • income is income. No special categories of income for the wealthy
    • when your company or trust spends money on your personal life, that’s also income
    • tax brackets keep going. They don’t even have to be specially high, but why does it top out so early?