Wealth tax please.
Dan Price
 @DanPriceSeattle
30 Oct 2020
Amazon's quarterly profit just tripled Meanwhile, over 100,000 small businesses have closed forever. Average revenue for the rest is down 20% This is a wealth transfer from small biz owners to Jeff Bezos, who has gotten $90 billion richer in the pandemic cnet.com/news/amazons-profit…
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Nooooooooo. Super dumb idea
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Replying to @kbarry2011
Why? Just want you to have to spell it out.

Oct 30, 2020 · 2:13 PM UTC

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Replying to @marwilliamson
People get taxed on payroll, then also on cap gains, div and interest. All things that lead to building wealth. We don’t need to tax again and penalize ppl for wanting to save and achieve wealth. Fix tax loopholes and make sure corps are paying is most important
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Replying to @marwilliamson @kbarry2011
1. It’s likely unconstitutional. 2. Extremely hard to enforce, you’d have to value everyone’s assets each year. 3. Most wealth is in non-cash assets so those assets would have to be sold to pay tax. 4. It doesn’t work. See France
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