General Discussion
In reply to the discussion: If YOU were in charge, how would you structure the taxing systems to be fair to everyone? [View all]Chemical Bill
(2,897 posts)for a start.
Instead of just income taxes, a tax on income and wealth. Put a floor on that tax of the median home price, so that it wouldn't affect the owner of (one, modest) single family home. People with low incomes wouldn't pay taxes.
As one goes up in income and wealth, progressive brackets.
This would pay for all functions of federal, state, and local governments.
Tax all wealth in or out of the country, for anyone owning property or doing business in the country. No more Russian billionaires buying units in Trump Towers.
Put a ceiling on wealth.
No more Private Equity firms owning way too many houses.
Make it illegal to profit on healthcare (again).
I'd also want to see a checklist on tax forms, so we could choose where our money goes. Then see how much the military gets....
I'm not a extreme leftist, I don't want to kill all the ultra-rich.
Edit history
