The ‘17 $2T tax cut gave $.83 of every $ to the very richest corporations & individuals. The tax rate has been the primary weapon of oligarchy in creating a massive transfer of wealth into the hands of 1% over the last 40 years. Do not let them get away with not discussing taxes.
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#WealthTax of 2% on $50M+ and an extra 1% on $1B+ would put a lot of “How are we going to pay for it?” questions to bed.

Feb 3, 2021 · 6:02 AM UTC

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Replying to @marwilliamson
Until then... The question remains— “How are you going to pay for all that?
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Replying to @marwilliamson
Add in legalization and decriminalization if Cannabis for tax revenues and drawing back on prison spending and abolishing private prisons...
Replying to @marwilliamson
Yes ... absolutely ... taxing wealthy individuals and large corporations ... makes lots of sense
Replying to @marwilliamson
I would start from 4% for 50 mil +and 6% for 500 mil+ And 8% 1 B+.
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Replying to @marwilliamson
Good luck passing a Tax Hike, which is always unpopular.
Replying to @marwilliamson
Not really: “How are we going to pay for it” only seems to apply to social programs, not Wall Street bailouts or the MIC. Other countries with a fraction of our GDP have given their people Universal Health Care & a UBI since the start of the pandemic, HOW DO THEY PAY FOR IT?
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Replying to @marwilliamson
Replying to @marwilliamson
So does MMT. You had a podcast about this with Stephanie Kelton, remember? If the general public isn't inundated and educated with MMT and fiat currency, we'll never have the ammo to defeat the deficit myth. Please help!!
Replying to @marwilliamson
That would be immoral, Marianne
Replying to @marwilliamson
Why are you entitled to someone else’s money?
Replying to @marwilliamson
There are always ways around taxes