This would be moving things in the right direction. “...raising the corporate tax rate to 28 percent from 21 percent; ...increasing the income tax rate on individuals earning more than $400,000; ...expanding the estate tax...” We also need a #WealthTax. google.com/amp/s/news.yahoo.…

Mar 18, 2021 · 4:10 AM UTC

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Replying to @marwilliamson
Between 1950 and 1954 the Highest Tax Rate for the Super Rich in the United States was between 91 to 92% ... For the same period the Highest Corporate Tax Rate was 52% ... Compared to the the 1950's ... 28% is nothing ... Tax Law needs change so no Corporation pays ... NOTHING!
Replying to @marwilliamson
The Tax rate on the Super Wealthy in the early 1950’s was between 91 and 92% … the Tax Rate on Corporations was 52% … so a tax rate of only 28% is pretty low … the Laws including deductions need to be changed so Corporations stop paying ZERO taxes.
Replying to @marwilliamson
Jobs will leave the country and the taxes will be raised on us ALL
Replying to @marwilliamson
Too bad he’s raising on ppl now making 200k. Catch up butter cup
Replying to @marwilliamson
No, we do not need a #WealthTax - we need to tax the wealthy at a rate that makes sense and restricts their hoarding! Get back to the 60+% tax rate!
Replying to @marwilliamson
Great! The country cannot survive without revenue. What was the rate under President Eisenhower, does anybody know? The country did great, lots of infrastructure built. I think the highway system was one.
Replying to @marwilliamson
No it wouldn’t, it will drive us into a recession. Obamas third term will be just like his other two....
Replying to @marwilliamson
If corporations were sharing their record profits with their workers these higher taxes wouldn't be necessary. The government supplements the existence of many who are employed by these companies. Higher taxes are the compromise. Many of us would love to eat the rich.
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Replying to @marwilliamson
Washington State is already on the plans of that one targeting Wall Street Traders, and I hope @GovInslee does get to sign it, my state like California and New York have the most Regressive Tax Systems in the Nation, of course Biden Chickens out, here comes the #DumpsterFire...
GIF
Replying to @marwilliamson
@marwilliamson - I'm good w/folks paying their "fair share" but given the choice, who would you rather invest in/have the $ - government or successful entrepreneurs? My suggestion is we let those folks decide where that "extra" money is invested - our reality is gov't wastes $