Capital gains, luxury sales taxes, taxes on property and holdings, those are all pretty basic and don’t even require new taxes, just rate changes.
Then there’s new taxes, things like progressive taxes based on value of unrealized gains (currently before SCOTUS), which could include stock ownership over X amount of stock, etc.
There are more ways to tax people than can be listed, realistically.
Yes it literally is, sometimes.
If I give sales tax breaks on healthy food, guess who that ultimately also helps?
If I subsidize apartments so people can afford a homes guess who that ultimately also helps?
If I just straight up hand poor people money, guess who that ultimately helps?
People become billionaires because they run large companies. Large companies make things people want.
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That’s what this comment thread is about. Take a nap and reread it.
If you don’t like billionaires, tax them.
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Capital gains, luxury sales taxes, taxes on property and holdings, those are all pretty basic and don’t even require new taxes, just rate changes.
Then there’s new taxes, things like progressive taxes based on value of unrealized gains (currently before SCOTUS), which could include stock ownership over X amount of stock, etc.
There are more ways to tax people than can be listed, realistically.
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Removed by mod