14 Comments
User's avatar
Barry Boone's avatar

There's Enough Money For Everyones Need, But not Enough For Everyones Greed!

Michael Murphy's avatar

I don't want a billionaires tax , I want a limit on income period. a few million a year is enough for any one to live on.

Thomas Thompson's avatar

Even if we were to levy taxes on the wealthy, it wouldn't stay that way for very long because of the lobbyists who own congress. They would spread some checks, withhold some checks, promise some checks, and soon; VERY soon, the taxes would disappear! It's how we got in this mess to begin with!

maurice forget's avatar

Tax the rich, the polluters, the rich polluters, the fascists rich polluters., The rich fascists polluters parasites.

Donna's avatar

Signed!!

David's avatar

Excellent: “our tax code lets billionaires live off borrowed money, stash their assets in shell companies, and pass them to their heirs without ever paying what they owe. They don’t sell stock—they leverage it. They don’t pay taxes—they delay them forever.”

Borrowed money is not taxable income and I hope more people understand the information you presented. This morning, economist Paul Krugman, explained the “Buy, Borrow, Die” loophole. I hope this gets more traction. I signed the letter.

Mike Elko's avatar

I just breezed past an ad for the Economist that posits "soaking the rich" is a dangerous idea. I had thought they were more reasonable, but I guess I was wrong.

Noel Keith's avatar

Or even a straight up wealth tax

Don Bronkema's avatar

Reinstall marginal rate of 94% per 1944 CE.

reinsgtall

Paul McElveen's avatar

YES! TAX THE CONTEMPTIBLE, CORRUPT, GREEDY, SELFISH BILLIONARES AND TRILLIONARES AND ALL OF THE LARGE BUSINESSES AND CORPORATIONS RIGHT NOW!!!! ALL OF THEM SHOLUD HAVE TO PAY HIGHER TAXES THANTHE UPPER MIDDLE CLASS MIDDLE CLASS AND LOWER MIDDLE CLASS@! IT SHOULD HAVE HAPPENED FORTY YEARS AGO!

Paul McElveen's avatar

YES! TAX the CONTEPMTIBLE, CORRUPT, GREEDY Billionaires, Trillionaires, CEO of LARGE Businesses and Large Corporations! I t should have happened 60 years Ago! Billionaires, Trillionaires, Large Businesses and LARGE Corporations MUST, SHOULD AND WILL PAY HIGHER TAXES than the Upper Middle Class, Middle Class and Lower Middle Class do in 2026.

David Philleo's avatar

I still think Biden's tax proposal is better. Raise taxes on income over 400,000 per year.

Index capital gains to year of purchase, this would tax deferred interest at near regular tax rates.

Warren's principal tax is excellent although I would cap at 2.5%.

Raises corporate taxes to 28% or the European average minus 1.

Raise top tax rate from 37% to 45% over 4 years. This is near the European average.

Lower Estate tax basis to $6 million, with a partial reduction to farmers, but not ranchers.

Dax Jac's avatar

Tax the F**king Rich !!

Deb9227's avatar

Since the billionaires are benefiting for all of us and the infrastructure our taxes pay for !! YES they should pay their fare share or we tax them for using our roads and all other services are taxes go towards. We must find ways to stop this madness and out of control GOP. And then there is the issue of accountability and true law and order instead of corruption and violence against the people.