I don’t understand having a problem with taxing people so rich that there’s no way they would even feel the sting of a wealth tax. A wealth tax wouldn’t make a difference for them in the quality of one day, yet the money could be used to save the lives of millions. #WealthTaxNow
Robert Reich @RBReich
8 Oct 2020
There is no reason billionaires should hold $10,000,000,000,000 in wealth while food lines stretch for miles and millions are on the brink of eviction. Tax the rich.

Oct 9, 2020 · 2:21 AM UTC

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Replying to @marwilliamson
It’s because it doesn’t end there. The rich will ALWAYS find a way to move the burden of taxes to lower income people. Increasing taxes is a fools errand. Fix the root causes instead of throwing money at it and hoping for the best.
Replying to @marwilliamson
The marginal individual and corporate tax rates need to be returned to those historic levels where all people could realistically expect to have a brighter future for themselves and their children.
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Replying to @marwilliamson
Well u do know they don't have that in Cash. Its assets, property, stocks and business. Plus its a slippery slope first it will be reasonable then every year they would take more an more its Very easy to spend someone else's money.
Replying to @marwilliamson
They're hoarders. It's a sickness.
Replying to @marwilliamson
It's their money
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Replying to @marwilliamson
They get annual returns anywhere from 6 to 12% on average anyway. Wealth tax as commonly presented is barely a counter to them getting EVEN RICHER
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Replying to @marwilliamson
Amazon pays no taxes (???).
Replying to @marwilliamson
It’s their money.
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Replying to @marwilliamson
When America was "great" rich people paid a LOT of tax.
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Replying to @marwilliamson
#billionairetaxnow
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