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- Apr 14, 2008
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"Fair share" is subjective. Who's to say what's fair and what's not?The wealth tax would apply a 2 percent tax to individual net worth — including the value of stocks, houses, boats and anything else a person owns, after subtracting out any debts — above $50 million. It would add an additional 1 percent surcharge for net worth above $1 billion.
Warren Revives Wealth Tax, Citing Pandemic Inequalities – DNyuz
trump's only accomplishment is tax cuts for rich people. Under the trump tax cuts for the rich, a man making a million dollars a year saw $69,900 a year in tax savings, every year, forever.
The tax shortfall will be passed onto the backs of working people, it always is.
Warren Buffet is famous for pointing out that his house keeper pays 16% in taxes while he pays 22%. He's one of the riches men in the world.
So do you support the rich paying their fair share of taxes?
.
That said, I do think millionaires should pay more in taxes. How much more idk.