Democrats say they want to raise taxes on the richest Americans. Are they going about it the right way? So far the focus is on income taxes, but @econjared46 acknowledges that wouldn't impact billionaires as much as taxes on stocks and real estate would:

Sep 15, 2021 路 12:10 AM UTC

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Replying to @MehdiHasanShow @mehdirhasan @econjared46
A flat income tax would solve it. Most middle class deductions (interest payments except for mortgages, limits on medical expenses, local/state taxes,...) have already been stripped away or severely limited. Simply strip away deductions from the rich.
Replying to @MehdiHasanShow @mehdirhasan @econjared46
I don鈥檛 care how we #TaxTheRich do it!!
Replying to @MehdiHasanShow @mehdirhasan @econjared46
The valuation of wealth is not equal to income