These Billionaires Want The Ultra-Wealthy To Pay More In Taxes
we mentioned earlier how it is the ordinary and sadly uneducated americans who balk at higher taxes for the rich. current income tax rate for states and fed combined = over 50% in many states, but as you can observe from the luntz link, americans see anything over 50% as unfair and most think that 50% would be an increase.
the immediate fixable stuff is not unknown: hedge fund exception, inheritance tax and capital gains. is a reason why buffett, benioff, gates and others is all appearing to plagiarize each other when speaking 'bout taxes. yeah, there needs be a small carve out for ranchers and farmers insofar as inheritance. pre trump, there were 'bout 80 farmers/ranchers per year being affected by inheritance tax in ways unlikely to have been foreseen/contemplated.
flat tax o' 15% as some had suggested is absolute nutz. would increase taxes on poorest and lower taxes on richest. wtf?
and no, taxation is not theft. basic social contract stuff. again, am blaming hurlshot.
HA! Good Fun!